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  SPECIALISTS

ITC recognises the need to nurture specialism and expertise in areas that give the Company a distinct competitive advantage. In keeping with this need, the Company has put in place a unique strategy to attract and retain "specialists" that is anchored in the following premises :
  • In each function, certain specific positions require nurturing of specialism and knowledge. These positions require possession of unique authority over a critical aspect of the business, are not easily replaceable and require knowledge and skills that are unique and not common across industries.
  • There are certain positions in any organization where longevity of the individual in that position leads to acquisition of in-depth knowledge and experience which would take another individual in that position years to acquire. Therefore, there is a need to retain individuals in these key positions for as long as is possible.

In keeping with this approch, certain positions have been identified to be "specialist" in nature. These include Scientist, Leaf Blender, Agronomist, Legal Resource in Trade Marks and Tobacco and Health, Paper Maker, Forex Dealer, Commodity Trader, Chef, Food and Beverage specialist, etc.

The remuneration of individuals in these specialist positions is de-linked from the remuneration matrix applicable to the rest of the business and is determined by the criticality of skill, individual competence and experience.

The Company strives to encourage individuals in these specialist positions to continue in them, by rewarding and recognizing their contribution in that position, rather than have them look to the traditional routes for career progression and enhancement.
 

   

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