Videocon Telecom, the youngest telco in the country has delighted its employees yet again. The telco will be flying over 600 employees from across verticals to Phuket, Thailand on Oct 2, 2105 for a 5 day fun & frolic excursion and Bi-annual Reward & Recognition event for the current financial year. The telco will be spending over Rs 5 Cr for the event being held in Phuket, Thailand onOctober 5, 2015. The telco also shall be felicitating its best performers of FY 2015-16 and shall cascade its strategy for H2 of the year.
 
This is the second overseas employee outing Videocon Telecom is having this year. The telco took almost the same number of employees to Bangkok for its annual Reward & Recognition program for FY 2014-15 earlier in April this year. For some employees of the telco, this is the second overseas destination excursion within 6 months.
 
“At Videocon Telecom we consider employees to be the most important asset of our organisation. Ours is a highly motivated and committed team and it is important to keep the team engaged. I believe that employees are the backbone for organisational growth and Reward & Recognition initiatives go a long way in building up employee confidence in the organization. We took over 500 employees to Thailand in April, and this is the 2nd overseas destination excursion for our employees. While for many of the employees, this will be their 2nd overseas trip in 6 months, yet for most, this will be their first ever overseas visit, so you can imagine the excitement levels,” said Arvind Bali, Director & CEO, Videocon Telecommunications Ltd.
 
“We are also looking at other employee engagement avenues and have recently announced National pension scheme. Among other initiatives planned are on employee training and development programs with leading business schools including IIMs and IMT. Competition is fierce in this dynamic industry and thus we have to ensure employees are engaged and motivated to minimise attrition. We would be spending a good amount of money on various employee engagement programs, but I would call it an investment. Our endeavour is to make Videocon Telecom the best place to work in”, added Arvind Bali.
 
Videocon Telecom which is known for its employee centric policies feels that such rewards and incentives go a long way in employee motivation and retention. The telco has been taking various initiatives for employee engagement and betterment. The company recently also announced the National Pension Scheme for its employees to inculcate the habit of saving among the employees. Among other employee engagement plans, the Videocon Telecom will also be investing in employee learning  and development. The telco plans to organise Management Development Programs(MDP) and Executive Development Programs(EDP) for its employees with leading Business schools including IIMs, IMT etc.