Sail Employees Wage Hike 2012
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Sail Employees Wage Hike 2012

Wage Revision in SAIL w.e.f. 01-01-2012 | VAN

2014-1-12 · 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.

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SAIL employees to get wage hike after two-year wait -

2014-6-12 · 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 2013-14 on a total ...

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Wage hike may dent SAIL's profits - The Hindu

2021-1-7 · Wage talks in Jan “We plan to start wage negotiations in January 2012,” Mr C.S.Verma, Chairman, SAIL, told Business Line recently. However, Mr Verma did not comment on how many employees would ...

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News: SAIL employees to get wage hike after two

2019-3-6 · SAIL employees to get wage hike after two-year wait Steel Authority of India Ltd’s 85,000 non-executive employees will get a 17 per cent hike in basic pay and dearness allowance along with a 6 per cent rise in perks.

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Wage Revision for Rashtriya Ispat, SAIL Non

2020-12-26 · "The wage settlement shall be effective from January 1, 2012 and would benefit more than 92,000 employees. The wage settlement was cleared pursuant to

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Wage revision for non-executives of SAIL and RINL

"The wage settlement shall be effective from January 1, 2012 and would benefit more than 92,000 employees. The wage settlement was cleared pursuant to Memorandum of Understanding dated January 1, 2014 and approval of the SAIL Board as well as clearance of Ministry of Steel," SAIL said.

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7th Pay Commission Allowance Hike: SAIL Officers

Notably, SAIL employees are entitled to a DA hike on a quarterly basis after every three months. In total there are approximately 1,00,000 employees working at SAIL including both the officers and ...

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SAIL, union meet on 24 August; non-executives may

Home >Companies >News >SAIL, union meet on 24 August; non-executives may get at least 15% hike SAIL had clocked 35.25% dip in stand-alone net profit to `450.91 crore during the first quarter of ...

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New Steel Minister okays wage revision in SAIL, 85K to ...

2020-9-23 · Following the Ministry's approval, SAIL would now sign an agreement with the employees and within a month of that the revision would be implemented. Initially, union representatives involved in the wage revision talks were demanding a 21.6 per cent hike, similar to the rise in 2007, in basic and dearness allowances.

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sail wage revision update - galleriadiciotto.it

Wage Revision Arrears Latest News on Wage Revision Arrears Wage Revision Arrears Get Latest News and Updates on Wage Revision Arrears SAIL proposes 10 wage hike unions demand 30 Jun 20 2012

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Wage hike may dent SAIL's profits - The Hindu

2021-1-7 · Wage talks in Jan “We plan to start wage negotiations in January 2012,” Mr C.S.Verma, Chairman, SAIL, told Business Line recently. However, Mr Verma did not comment on how many employees would ...

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Wage revision for non-executives of SAIL and RINL

"The wage settlement shall be effective from January 1, 2012 and would benefit more than 92,000 employees. The wage settlement was cleared pursuant to Memorandum of Understanding dated January 1, 2014 and approval of the SAIL Board as well as clearance of Ministry of Steel," SAIL said.

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Steel Minister Approves Wage Revision in SAIL: Report

2020-9-21 · A wage revision in the state-run steel major, due every five years, has been pending since January, 2012 owing to differences on the extent of hike between the

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SAIL, RINL non-executives set to receive higher salaries

Over 1 lakh non-executives of state-owned steel makers SAIL and RINL will now start getting higher salaries after employees' representatives and managements signed an accord on Tuesday evening.The...

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Steel minister Narendra Tomar okays wage revision in

Steel minister Narendra Singh Tomar on Wednesday evening approved a 17% hike in basic and dearness allowances and 6% rise in perks for the company’s non-executive employees, sources said. Wage ...

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Infosys offers promotions, pay hikes to some staff ...

2012-7-10 · Infosys had nearly 150,000 employees as on March 31. Infosys had in April postponed considering a wage hike for its staff at the software services

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Tipped workers hope for hike in sub-minimum wage -

2012-2-6 · (WOMENSENEWS) -- Low-wage workers' advocates predict that 2012 will be a banner year for waitresses, retail clerks and other tipped workers. After decades of

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New CPSE Employees Pension Scheme for 1.5 Lakh

The detailed consultation has made the Ministry of Steel decide on the final agreement and bring a new Pension Scheme for the wage workers. As the name suggests, the CPSE Employees Pension Scheme CPSE Employees Pension Scheme is effective for executives and non-executives from January 1 (2007) and January 1 (2012) respectively.

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Minimum Wage Hike: The pros and cons of the

2021-1-15 · Minimum Wage Hike: The pros and cons of the minimum wage in the Bay 21 Feb, 2020 10:52 PM 14 minutes to read Paul Croucher co-owns Croucher Brewing and BREW pub and restaurant on Rotorua's Eat ...

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Infosys Q1 FY13 results: No wage hike for now but

2021-1-16 · If you look at 2008-2009, we had looked at the wage hike in the middle of the year. We will revisit the wage hike as usual in the middle of the year," Infosys CEO and Managing Director S D Shibulal said. Infosys, which employs nearly 1.5 lakh, announced a wage freeze last quarter and said it would review the decision depending on performance.

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Steel minister Narendra Tomar okays wage revision in

Steel minister Narendra Singh Tomar on Wednesday evening approved a 17% hike in basic and dearness allowances and 6% rise in perks for the company’s non-executive employees, sources said. Wage ...

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Infosys offers promotions, pay hikes to some staff ...

2012-7-10 · Infosys had nearly 150,000 employees as on March 31. Infosys had in April postponed considering a wage hike for its staff at the software services

Read More

Tipped workers hope for hike in sub-minimum wage -

2012-2-6 · (WOMENSENEWS) -- Low-wage workers' advocates predict that 2012 will be a banner year for waitresses, retail clerks and other tipped workers. After decades of

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PC - SAIL Q3FY14 - Feb 2014

2014-2-17 · Employees Benefit Expense of Rs 2.3bn. Adjusting to this the performance lagged our estimates. 120 • The Company has finalized wage agreement for non‐executive employees with 23% of overall increase (17% wage hike and 6% increase in pension) w.e.f Jan 2012.

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PSU Employees Wage Revision - Policy for the 7th

2020-12-27 · 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.

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IDBI Bank unions threaten strike over wage revision |

The last wage revision for IDBI Bank employees was applicable from June 2009 to October 2012. Last May, the IBA, the apex body representing bank managements, signed a wage settlement with unions and officers associations of 43 lenders, including public sector ones,

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Minimum Wage Hike: The pros and cons of the

2021-1-15 · Minimum Wage Hike: The pros and cons of the minimum wage in the Bay 21 Feb, 2020 10:52 PM 14 minutes to read Paul Croucher co-owns Croucher Brewing and BREW pub and restaurant on Rotorua's Eat ...

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PSU bank employee unions withdraw strike call, settle ...

2015-2-23 · The wage revision of public sector bank employees has been due since November 2012. Earlier, unions had deferred one-day strike scheduled for January 7 as IBA improved the wage hike

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Minimum Wage Hike: The pros and cons of the

2020-12-30 · Minimum Wage Hike: The pros and cons of the minimum wage 22 Feb, 2020 06:00 PM 14 minutes to read Eighteen-year-old Libby Harrison says every little bit of money helps.

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Teen Employment Sinking in the Ocean State - RI

Gainful employment is disappearing from the experience of the American teenager (ages 16 to 19), and increasing minimum wages are part of the problem. In Rhode Island, teen unemployment was 28.3% in 2011, more than double its 2007 low of 12.9%, and hours worked per week had fallen from 10.0 to 6.1. Rhode Island’s minimum wage climb from $6.75 in 2004 to $7.75 for 2013 will have cost 597 ...

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