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Kazakhstan will adopt new policy on staff selection for national companies

Business Materials 2 September 2010 17:55 (UTC +04:00)

Kazakhstan, Astana, Sept. 2 / Trend S. Suleymanov /

Kazakh state enterprises will adopt an ambitious new policy on staff selection, which its backers are calling "an HR revolution," the head of the National Wealth Fund (NWF) Samruk-Kazyna, Kairat Kelimbetov, has said.

"We have discussed Human Resources (HR) policy and set ambitious goals for HR specialists at a meeting with all the country's nationalized companies. First and foremost, a new corporate strategy for the development of human capital should be formed. The performance of our strategic plans and projects depends on it," Kelimbetov said.

State enterprises under the management of the NWF Samruk-Kazyna will create a new system under which all employees will be conventionally divided into three levels; senior management, middle managers and administrative staff, he added.

"A system of open competitive selection will be applied in respect of staff from Oct.1, 2010. Competitive selection will be as open as possible," Kelimbetov said.

In addition, he said, the fund will create a two-tier system to create a staff reserve.

"This would be applied mainly in respect to the second level. A separate system of selection will be applied in respect to senior management staff. We will implement the best practices for attracting the most brilliant and talented people," Kelimbetov said.

Kelimbetov said a career plan will be developed for each senior manager at state enterprises.

"That is, he will know who he could be in a year or two, and that he needs to prepare a decent replacement, in case of promotion. This is very ambitious and something of an HR revolution," he said.

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