Wage revision for non-executives is due since 01.01.2017. ... We have audited the internal financial controls over financial reporting of STEEL AUTHORITY OF INDIA LIMITED ... 2013, based on the ...
The current pay scales of Non-executive employees in SAIL for some of the levels after wage revision effective from 01.01.2012 for 5 years are already higher than the pay scales of certain Executive employees. Accordingly, it has been approved by the Board of Directors of the Company to withdraw the provision of wage revision for Non-
Jun 19, 2013· By GConnect Team On Jun 19, 2013. PSU Employees Wage Revision – Policy for the 7th Round (2nd part) of Wage Negotiations for unionized workers in Central Public Sector Enterprises w.e.f. 01.01.2012. PSU Employees Wage Revision relates to CPSE Unionized workers is due with effect from 01.01.2012. In order to implement PSU Wage Revision ...
May 08, 2021· TradingView India. SAIL a Roaring Buy Multi-Year multiple Breakouts on Weekly Chart 1)First - Head & Shoulder BO above neckline of 90 Head & Shoulder formation on weekly chart since 2013 completed. 2)Second - BO above 114 with highest volume since 2009. 114 was a strong resistance since 2012, which SAIL was unable to break in 2012 & 2014 3)Golden Cross Over Formation - 50 …
increased overall non executive wage provision to 20.0% w.e.f 1st January 2012. This has led to increase of provision by Rs2.9bn on qoq basis. Negotiation with workers for non executive wage revision is still on and expected to be finalized by Dec 2013. The
Jun 06, 2013· June 6, 2013 at 1:04 pm. Dear Sir ... Coal India Limited, SAIL, Banks, Insurance etc. are already following the 5 year wage revision. ... BSNLEU demanded for 5 year wage revision ie.next wage revision should be from 2012, but the management has not agreed. If 10 year period is to be taken, then the revision will be from 2017. Reply.
Jan 12, 2014· A report on the wage revision of SAIL employees w.e.f. 2012, a five year agreement is given below: NEW DELHI, JAN 12: Annual wage outgo of SAIL will go up by at least Rs 1,000 crore with the PSU set to sign a pact with its 85,000 non-executives for a 16 per cent hike in basic and dearness allowances and six per cent rise in perks.
Aug 11, 2021· Steel Authority of India Limited - A Maharatna. One of the largest steel producers in India. Indian government company. Maharatna CPSE. 5 Integrated Steel Plants. 3 Special Steel Plants and 1 Subsidiary. 50 Products 500 Grade 5000 Dimensions.
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. T...
Dec 16, 2020· SAIL: Project delays, wage costs could hurt Co – Economic Times. 21 Feb 2013 … Sail`s stock has fallen 32% over the past year, thanks to the poor… Indecisive negotiations on the revision of the salaries of non-executive employees led the …
Jul 22, 2020· 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 […]
Jul 02, 2014· SAIL is expected to bear an additional expense of ₹1,000 crore annually on account of the wage hike. In fiscal 2013-14, the steelmaker's wage bill was ₹ 9,594.03 crore, or 20 per cent of its ...
Board of Directors of each CPSE including Steel Authority of India Limited (SAIL) ... 2013-14 3225 2014 15 2359- 475 Crore 2015-16 (-)7008 ... negative. Therefore, benefit of Wage/Salary Revision, at this stage, cannot be implemented/ extended to employees of SAIL as per the conditions specified in Clause 3 of DPE guidelines dated 3.8.2017 ...
Aug 24, 2013· SAIL, union meet on Saturday; non-executives may get at least 15% hike 21 Aug, 2013, 05.37 PM IST. The issue of wage revision at SAIL, pending for over 18 months, is expected to be settled this week, benefitting around 85,000 non-executives with …
Jun 12, 2014· SAIL's employee wages are revised every five years and the current wage revision has been pending since January 2012. The steelmaker reported a profit of ₹2,631 crore for 2013 …
Jul 12, 2021· Minimum wage of tea estate workers to be revised soon: Himanta Biswa Sarma 06 Feb, 2021, 03.20 PM IST. Wage revision of tea workers is one of the election issues in Assam, with Opposition - including Congress - attacking the BJP-led government for deliberately delaying wage revision for last several years.
Nov 19, 2013· SAIL wage revision soon; annual outgo to rise by Rs 1,000 cr. Wage revision in SAIL, done every five years, is pending since January 2012 due to differences on the extent of hike between the company management and its unions' umbrella body, National Joint Committee for Steel (NJCS). Jan 12, 2014, 13:42 PM IST
Aug 10, 2021· STEELPSU INDIA IS THE KNOWLEDGE CHANNEL. SO COME FAAST AND JOIN.Disclaimer:The Content Shown in the Video are only for the Education/learning purpose, any ot...
Dec 05, 2019· 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
2013. Short term investments as on March 31, 2013 stood at Rs59bn as against Rs54bn as on December 31, 2012. • The board has declared dividend of Rs2 per share for the year. Valuations: At the price of Rs 57, the stock trades at a P/E of 9.2x FY14E EPS of Rs
Aug 24, 2013· A meeting between SAIL management and workers' representatives to discuss issues related wage revision for non-executives ended inconclusive on Saturday. The meet that lasted nearly five hours failed to arrive at a decision, dashing hopes of 85,000 employees for an early resolution on revision of in basic pay and DA.
2 - (TA) Transfer Appl. 15 Of 2013. ATTORNEY(S) JUDGES. Mr. Justice Dhirendra Mishra Judicial. Mr. G.P.Singhal Administrative. ACTS. section 7(4)(b) of Payment of Gratuity Act,1972 (hereinafter referred to as the Gratuity Act) read with Rule 10(1) of the Payment of Gratuity Central Rules,1972, ...
Jul 09, 2013· visakhapatnam:, july 09, 2013 11:08 ist Updated: July 09, 2013 11:08 IST Both the central trade unions and the managements have failed to arrive at an understanding
The upgradation of E1/E2 pay scales at par with other Maharatna PSU has finally been completed as per cicular issued on 4th july 2017. E1–24900 AND E2–29100. so now the attrition rate will surely get reduced in SAIL. Also the most benefited batch ...
Mar 20, 2021· Its general secretary B K Chaudhary said, "The wage revision is being delayed by the SAIL management and NJCS leaders under a conspiracy. We are …
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, …
May 02, 2013· SAIL: Project delays, wage bill could hurt co – Economic Times. 21 Feb 2013 … SAIL's stock has fallen 32% over the past one year, thanks to poor … Inconclusive negotiations on wage revision for non-executive employees have led the company to set aside Rs 500 crore for it in the calendar year 2012. »More detailed
Apr 03, 2013· SAIL Wage Revision:: 2013 Notifications & Alerts. According to a recent survey, SAIL is one of India's fastest growing Public Sector … You can note SAIL wage revision 2010 related information on official website. »More detailed