Revision of Wage/Pay based on profitability of Central Public Sector Enterprise (CPSE) as a whole and not based on unit-wise performance.

Add This To Del.icio.us Share on Facebook StumbleUpon This Add to Technorati Digg This Pin It

Revision of Wage/Pay based on profitability of Central Public Sector Enterprise (CPSE) as a whole and not based on unit-wise performance. 2(10)/2013-DPE(WC)-GL-XIII/13 Government of India Ministry of Heavy industries & Public Enterprises Department of Public Enterprises Public Enterprises Bhawan Block No.14, CGO Complex, Lodi Road, New Delhi-110003 Dated: 30th April, 2013 OFFICE MEMORANDUM Subject:- Revision of Wage/Pay based on profitability of Central Public Sector Enterprise (CPSE) as a whole and not based on unit-wise performance.   The undersigned is directed refer to this Department's Office Memoranda dated 26.11.2008, 09.02.2009 and 02.04.2009 (Executives pay revision) and 09.11.2006 and 01.05.2008 (Workmen Wage Revision) on the subject and to clarify that for the purpose of wage/pay revision, a CPSE is treated as a single entity and consequently, pay/wage revision has to be based on the performance/profitability of the company as a whole and not separately for each unit. It means that different units within the same CPSE cannot have different pay/wage structures. Sd/- (M. Subbarayan) Director Source: http://www.dpe.nic.in/sites/upload_files/dpe/files/glch04a43_080513.pdf

@This Article is Copyrighted For latest updates  Always visit http://satish24k.blogspot.com  Share and Care

PrintPDF

For Further Reading,

DPE, EMPLOYEES NEWS, ORDERS