Laugfs Petroleum has won the Silver Award at the prestigious SLITAD People Development Awards 2014 for demonstrating high standards of human resource development which have contributed to the rapid growth of the company.
The award is testament to the consideration given by Laugfs Petroleum to the value of people engagement and the involvement of employees in designing and defining its roadmap to the future. This strategy has allowed employee empowerment and motivation with bottom to top communication and recognition and reward through streamlined and transparent performance evaluations.
Laugfs Petroleum emerged with impressive results from the evaluation process which considered several important areas of Human Resources. These included business strategy, people management strategy, management effectiveness, learning & development strategy and initiatives, leadership & management strategy, recognition and rewarding of employees, involvement and empowerment of employees, performance measurement and commitment to continuous improvement.
SLITAD People Development Awards is a unique awards programme which recognizes and celebrates outstanding achievements in the sphere of Human Resource Development. The Awards are organized annually by the Sri Lanka Institute of Training and Development (SLITAD), a leading Human Resource institute in the country, and are designed to evaluate companies’ performances in the area of people development and training. The Awards show attracted an enthusiastic response this year with a large number of public and private sector organizations applying for honours.