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Goverment 16 pc bonus for Singareni coal workers

Wed 11th Nov 2009 08:53 AM IST
Goverment 16 pc bonus for Singareni coal workers
Goverment 16 pc bonus for Singareni coal workers

Khammam,Nov11: The State Government on Wednesday announced a 16 percent profit-linked bonus for the workers of Singareni Collieries Company Limited.The workers were agitated when the management in October notofoed that it would distribute 10 percent bonus to all its workers. However, the workers were demanding 25 percent profit-linked bonus from the company.The management in 2008-09 distributed 16 percent bonus to each of the employees and the 10 percent bonus announced in October last led to the unrest among the employees.The employees also threatened to go on strike on October 21.

Though,the management kept the decision pending,the employees have been continuing their stir against the management in deferent ways.The Singareni Collieries Company management and employees'representatives held talks for two times.Although the profit-linked bonus and dues of wages including 30 general issues were discussed by them. While the workers were preparing to go in for a showdown, the government announced the16 percent bonus to the delight of the workers

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Goverment 16 pc bonus for Singareni coal workers - CineJosh Updated on Wed 11th Nov 2009 08:53 AM IST
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