New Steel Minister okays wage revision in SAIL, 85K to benefit. Steel Minister Narendra Singh Tomar approved a 17 percent hike in basic and dearness allowances and 6 percent rise in perks for the company's non-executive employees. Jun 12, 2014, 17:18 PM IST.
The long-awaited salary revision for Steel Authority of India (SAIL) employees has finally seen the morning sun as settlement has been reached between unions and SAIL top Management. Employees will get a benefit of 13 percent increase in Minimum Guarantee Benefit and 26.5 percent increase in perks. The most important thing is that after the …
to determine the pay revision, we can use this simple formula 'common multiplying factor' to know the 7th pay commission pay scale . If next pay commission prefer to continue the same running pay band and grade pay system for seventh pay commission also, the pay structure may be like the following projected figures given ...
Minimum salary hike of ₹2,500 to all temple employees. The Malabar Devaswom Board (MDB) has recommended pay revision for about 6,500 employees working in …
Pay Revision of Employees following CDA pattern in CPSEs – DPE Orders dt. 21.5.2018 ACP & MACP Schemes for the CG Civilian Employees including Railway employees DA Orders for CDA pattern employees of CPSEs governed by HPPC recommendation w.e.f 01.01.2015
The strike affected all the units of Steel Authority of India Limited (SAIL), with BSL bearing the maximum brunt. The 12 trade unions have been demanding better pay and benefits for the workers. They wish for 15 per cent minimum guarantee benefit, 35 per cent perks, 9 per cent pension and clearance of all pending dues.
Salary: a. During the training period, they will be paid consolidated pay Of Rs.8600/- per month for the year and RS.10000/- per month for the 21d year Of training. On successful completion of training, they shall be considered for regular employment in S-l grade in the Scale of Pay of Rs.15830-3%-22150/- (Pay scale under revision w.e.f. 01/01 ...
CPSE Pay Revision 2017. Revised Pay Scales effective from Jan 2017. The 3rd Pay Revision Committee recommends the revised pay-scales for the Board-level and Below Board level executives for each of the schedule of the CPSE i.e. Schedule-A, Schedule-B, Schedule-C & Schedule-D, effective from 1.1.2017.
STATEMENT ON MONTHLY REMUNERATION RECEIVED BY EACH OF OFFICERS AND EMPLOYEES INCLUDING SYSTEM OF COMPENSATION AS PROVIDED IN ITS REGULATIONS. The remunerations of employees are fixed through negotiations with Employee's Union subject to the overall guidelines of Department of Public Enterprises, Government of India. Last updated on …
pay-scales, full DA neutralization & ﬁtment beneﬁt. Relativity ratio between entry level to top level scale = 1:4 to 1:7 depending upon CPSE schedule. • • • Common set of 0 model pay scales continued by DPE. Relativity ratio (for Sch-A) = 1: 6.3 New model in the form of Pay matrix with distinct pay …
In the meeting of COMCO, which includes officers of IOCL, ONGC, CIL, NTPC, SAIL, BHEL and GAIL held at Delhi, the representatives decided to make an appeal to Prime Minister to direct the DPE to initiate process for wage revision especially since the 7th Pay Commission for Central Government employees has already been released.
Recently SAIL management agreement done for non-executive of SAIL more than Rs50,000/- Basic Pay in a S-11 Grade Where as an executive of E-1 grade Getting only Rs 20600/- which is very shame full and harassment to SAIL executives. So it is expected a comparative Pay Scale from Seventh Central Pay Commission. Reply Delete
New Delhi: SAIL's around 85,000 non-executives will soon get higher pay packages as the Steel Ministry has approved a long-pending wage revision in the Mahanratna company.
Answer (1 of 5): In my opinion, SAIL cannot match the jump in salaried at par with 7th pay commission, to their employees. SAIL has to pay it's employee from its own revenue. Among the steel companys in domestic sector, the maximum manpower is on SAIL,s payroll. The minimum is of JSW Steel compa...
According to officials in the know, the average PBT of the last three financial years (preceding the implementation of the third pay revision) wereFY 2014-2015, 2015-2016 and …
Today is last date of filing belated, revised ITR for FY 2019-20. If you are filing a belated ITR, then do keep in mind that you will be required to pay a penalty of Rs 10,000. The government had earlier extended various income tax deadlines which is ending on May 31, 2021.
During discussions with representatives of officers' association and trade workers, the Minister was urged to ensure immediate pay revision of employees.
SAIL Pay Scale Salary Designation Allowance Matrix After 7 th Pay Commission . SAIL, aka the Steel Authority of India is one of the top iron and steel makers of our country. The company has the capability of producing both basic and special steel for construction, power, railway, automotive and defense projects.
Read more about SAIL arrives at new wage settlement on Business Standard. Steel Authority of India Limited (SAIL) has arrived at an employee friendly agreement with the workers' representatives for revision of wages with retrospective effect from January 1, …
Over 1 lakh non-executives of state-owned steel makers Rashtriya Ispat Nigam Ltd (RINL) and Steel Authority of India Ltd (SAIL) will now start getting higher salaries after employees ...
Bhubaneswar: Steel Authority of India Ltd.(SAIL) is proposing to go ahead with the wage revision plan for the executives and non-executives amidst Covid-19 pandemic. The SAIL chairman Anil Kumar Chaudhary Wednesday said that the Company would go for the wage revision for the executives and non-executives. He pointed out that there was no wage revision …
# news # state # SAIL # Pay Revision In SAIL # Steel Authority of India # Bokaro News # Jharkhand CommonManIssues # Bokaro Steel Plant # Durgapur Steel Plant # Raurkela Steel Plant # Bhilai steel plant # SAIL Wage Agreement # News # National News # Jharkhand news
Wage revision of employees of SAIL. 1920 Ms. Saroj Pandey. Will the Minister of STEEL be pleased to state :-(a) whether it is a fact that the wage revision of the employees of Steel Authority of India Limited (SAIL), which comes under the Ministry of Steel, is pending since 2017; and
बोकारो स्टील प्लांट सहित सेल के विभिन्न प्लांटों में कार्यरत अधिकारियों का पे रिवीजन अब कामगारों के SAIL Pay revision of officers after workers - …
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