Mazagon Dock Shipbuilders commissions four IT-based applications for employee benefit; Stock gains 1%

5 Jan 2022 , 12:36 PM

Mazagon Dock Shipbuilders (MDL) commissioned Four Information Technology based applications for employee benefit. The applications jointly developed by Human Resource, Finance & CIT team were launched on 03 Jan 2022 by VAdm Narayan Prasad, AVSM, NM, IN (Retd), Chairman and Managing Director MDL in presence of Directors, CVO and MDL employees at Sagarika Auditorium.

CMD, MDL while addressing the gathering said that these applications shall enable employees to access these processes digitally. The process is a green initiative aimed at reducing the use of paper thereby the carbon footprint of MDL. The online system is simple and user-friendly and this will make the process hassle-free for employees.

CMD reiterated that the launch of these initiatives seeks to realize the goal of inclusive development by adopting to technology. This will further consolidate MDL’s initiative of digital transformation and MDL’s commitment in participating with the Government of India’s flagship initiative of Digital India.

The four applications namely Employee Portal on MDL Website, E-Library, HR Query Handling and Annual Property Return are for the benefit of the employees. Employees would now access their data and documents like Pay Slip, PF Slip, Contributory Pension details, Leave balance, Procedures/Manuals and Recent Circulars digitally from anywhere and any device like desktop, laptop, mobile, tablet etc. Employees will get access to knowledge material through the portal. These applications will reduce the footfall of employees in the HR department regularly which will not only help in managing the crowd in this COVID situation but also enhance the engagement time of employees in their work.

At around 12.34 pm, MDL stock was trading at Rs290.80 per piece up 1.04% on Sensex. The stock has touched an intraday high of Rs291.90 per piece.