SAIL focusing on ramping up production to improve productivity of employees

Over the last three-and-half years, SAIL has managed to lower its employee expenses by nearly 10% even as it continues to remain top among its peers

State-owned Steel Authority of India (SAIL) is focusing on ramping up production to improve productivity of its employees. 

The average cost per employee has risen 61 per cent, compared to its peers like Sajjan Jindal-led JSW Steel, per annum.

“Instead of paying our employees less, we are trying to increase production by bringing in more value-added products into our profile. There is a simple fundamental that as you increase production, your fixed cost gets divided over larger number of units, and this is exactly what the company aims to do to lower the hit from overall employee expenses,” said chairman Anil Kumar