SAIL Announces Enhanced Performance Incentive for 2020 for its Non-Executive Employees PSU NEWS
Steel Authority of India Limited (PSU Connect)
New Delhi: Steel Authority of India Limited (SAIL) has announced an increase of more than 6% in the annual payment of SAIL Performance Incentive / ex-gratia / bonus in comparison to previous year to the Non-executive employees on the festive occasion of Durga Puja / Dussehra.
It was finalized based on discussions and mutual agreement between SAIL Management and Sr. Central Trade Union leaders representing the workers and belonging to the constituent Unions of NJCS viz. INTUC, CITU, AITUC, HMS & BMS. In line with the Government’s initiative to boost economy by way of incentivising the working class, SAIL has also announced the distribution of Ex-gratia during the festive season. While an amount of Rs. 16,500/- will be paid to the Non-executive employees of SAIL’s five Integrated Steel Plants at Bhilai, Bokaro, Durgapur, Burnpur and Rourkela and also Raw Materials and Collieries Divisions, an amount of Rs. 14,500/- will be paid to the Non-executive employees of other plants and units of SAIL.
Posted Date : 17-10-20
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