Hamid Bord, the caretaker of the Ministry of Oil, emphasized the importance of human capital in achieving the goals of the oil industry, referring to the approval of a set of proposals in the Administrative and Employment Council of the oil industry. These proposals include reforming administrative and employment regulations, improving the compensation system, and strengthening livelihood and welfare support.
Main Focus Areas of the New Decisions
Bord elaborated on the main focus areas of the new decisions, stating: "In the area of livelihood and welfare support, the increase of non-repayable assistance for social work, living cost allowances, and rehabilitation services, as well as a significant increase in non-repayable assistance for organ transplants, has been approved."
He also mentioned the reform of the mechanism for increasing housing loan amounts and the approval of regulations for the transfer and consolidation of insurance records, which includes a proportional interest rate at the time of transfer.
Support for Veterans and Contract Employees
Furthermore, Bord announced the extension of extraordinary benefits for veterans in the oil industry and the establishment of a marriage gift for them. This decision, along with existing benefits, has been approved. Additionally, in the area of specific and operational jobs, the extension of certain extraordinary benefits to contract employees and the expansion of the scope of working conditions has also been approved.
Bord also referred to the approval of extraordinary benefits related to the export and repair group of the Azarpad marine terminal, which has been extended to eligible employees at the Jask terminal and the loading terminal of the Siraf gas condensate port.
Emphasis on Performance-Based Payment System
In another section of the decisions, the issue of performance bonuses for oil industry employees was raised. Bord emphasized that this approach will contribute to the development of a performance-based payment system and will create a more effective link between performance, productivity, and the compensation system.
Bord also stressed the need to focus on the development of sustainable and lasting welfare services for active and retired employees, stating: "Alongside current support, planning for housing, healthcare and insurance services, and recreational and sports facilities with a long-term approach should be prioritized."
These decisions will be implemented to maintain, empower, and increase the motivation of human capital in the oil industry, as Bord stated, "The sustainability of production and the success of development plans will not be possible without specialized, committed, and motivated human resources."
