Participation of employees in management, Financial Accounting

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Q. Participation of Employees in Management?

To facilitate meaningful and effective participation of workers in the management process it was decided in March 1994 that the Corporate Enterprise Group at the Board, Zonal and divisional level should be restructured and designated as group for participation of Railway employees in management ( PREM ). Also to make the working of PREM more purposeful a separate cell headed by a joint secretary was set up under the direct control of secretary Railway Board. The joint secretary shall assist the secretary in convening the meeting of the Group periodically and monitor the implementation of various decisions taken. He will also monitor the working of PREM at the Zonal and Divisional levels.

The board objectives of PREM are :-

i. Evaluate the functioning of the Railways and exchange date and ideas.

ii. Appraise the investment programs, particularly in regard to housing and other welfare services.

iii. Identify areas and devise action-oriented methods for maximizing organizational effectiveness, the use of technology and towards building up the image of the Railway as a service organization.

iv. To facilitate effective and meaningful participation of the railway employees in the management process.

v. To give them a sense of involvement and pride in the organisation's works.

vi. To discuss and identify the measures for improving the quality of service to the rail passengers and safety operations.


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