training file

1. NUCLEAR POWER CORPORATION OF INDIA LIMITED
(A Government of India Enterprise)
PERFORMANCE LINKED INCENTIVE SCHEME (PLIS)
FOR
EXECUTIVES

2. Atomic Energy Commission (AEC) - Guidelines :
 (Clause 3.4, Page-35 of AEC Guidelines)
The Schemes will be formulated based on achievement of
milestones/performance by the individual projects/stations or on a
common basis based on the overall achievement of MOU targets/
profit generation, or as a combination of two, as may be considered
necessary, keeping in view the broad objective of sustaining
motivational levels of employees across the Company and/or to aid
greater mobility of personnel within the Company across locations
The performance linked incentives granted together with
perquisites, if any, should be within 50% of Basic Pay or within a
maximum of 5% of the distributable profits of the Company.
However, the Board of Directors may change this ceilings based on
needs and justifications, from time to time.

3. NPCIL Performance Linked Incentive Scheme
Incentive Parameters Incentive
(%)
Mode of
payment
Incentive linked to
MOU ratings
20% (max.)
of basic pay
Monthly,
Quarterly
NPCIL Annual Capacity Factor
(NACF) Incentive
(70% - 90% Capacity Factor)-
(3% - 15% Incentive)
15% (max.)
of basic pay
Annual
(NACF)
Individual Performance
Related (IPR) Incentive
3% to 12%
(max.) of
basic pay
Monthly
Maximum incentive payable upto CMD level = 47%

4. Promoted within Minimum Eligibility Period
(MEP)
12%
Promoted within MEP + 1 year 9%
Promoted within MEP + 2 year 6%
Promoted within MEP + 3 year 3%
With regard to IPR Incentive, the incentive
depends on residency period of an Executive in
the current and promotion to the next grade.

5. YEAR PROFIT BEFORE
TAX
(` in lakhs)
PROFIT AFTER
TAX
(` in lakhs)
2008-09 48077.24 44128.40
2009-10 47405.73 41641.33
2010-11 168764.98 137632.57
2011-12 238165.06 190615.42
Financial Results:

6. THANK YOU

7. Governing Rules :
 If an Executive after meeting prescribed norms is
deferred / dropped in the Selection Interview, then
two increments will be reduced from his entitlement
as per the above table.
 An Executive whose grading in the Performance
Appraisal Report or CR is not less than `A3/Good’
will be eligible for a minimum incentive of 3% if his
MEP is beyond MEP+3, irrespective of his
promotion.

8. PERFORMANCE LINKED INCENTIVE SCHEME IN NPCIL
Introduction of Incentive Schemes in NPCIL :
(a) Common Production Incentive Scheme for employees of
Operating Stations;
(b) Construction Incentive Scheme for employees of Construction
Projects; and
(c) Incentive Scheme for Headquarters employees.

9. NPCIL PERFORMANCE LINKED INCENTIVE SCHEME
 Objective :
To enhance organizational performance through
improved team work and individual contribution
thereby achieving higher levels of production
and productivity.
 Applicability :
To NPCIL Executives of Operating Stations,
Construction Projects and Headquarters.
 Validity : 01.01.2009 to 31.03.2015