The Monthly remuneration received by each of SAIL’s Officers and Employees, including the system of Compensation as provided in its regulations The remuneration of the officers (Executives) of the company is governed by the guidelines of the Department of Public Enterprises Government of India.
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· The Indian Banks Association (IBA) and bank employee unions have reached an agreement on an annual wage hike of 17%, benefiting around 8 lakh bank employees. The revised pay scales will be
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Name Holding Mar 2024 No of holders History % shares Individual share capital in excess of Rs. 2 Lacs 3.18 131,381,739 1,888 Individual share capital upto Rs. 2
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Published-September 17, 2022 10:20 am IST. Special Correspondent. READ LATER. The Visakha Steel Employees Congress (VSEC), affiliated to INTUC, has demanded immediate implementation of wage
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· If you have any questions, please contact the Claims Administrator at: Sedgwick Wage Settlement c/o Rust Consulting, Inc. – 8381 PO Box 8005 Faribault, MN 55021- 9405 Phone: (888) 538-5784 Facsimile: (248) 733-6411 E-mail: [email protected]. or Plaintiffs' Counsel at: Shavitz Law Group, P.A. Phone:
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· Employees of SAIL have planned to stage demonstration to protest on October 8, regarding the delay in wage settlement. No consensus could be reached in the meeting of the NJCS Core Group regarding the salary settlement of SAIL employees, which is now pending for 57 months.
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· The state-owned Steel Authority of India reported its financial results for the quarter ended September 2023 on November 10. The company reported a profit of ₹1,305.6 crore against a loss of ₹330 crore in the year-ago period. SAIL reported a 84.4% decline in profit in the previous quarter. According to the company, the profit was hurt by
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· Bank wage revision Latest Breaking News, Pictures, Videos, and Special Reports from The Economic current PLI scheme, introduced in 2020, which currently offers up to 15-days salary for growth exceeding 15%. Recent wage settlements have included a 17
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SAIL Pay Scale Salary Designation Allowance Matrix After 7 th Pay Commission SAIL, aka the Steel Authority of India is one of the top iron and steel makers of our country. The company has the capability of producing both basic and special steel for construction, power, railway, automotive and defense projects.
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· Indian Banks' Association and bank employee unions agreed on a 17% annual wage hike, costing public sector banks an additional Rs 8,284 crore yearly. The hike, effective from Nov 2022, benefits 8 lakh employees. Saturdays will now be holidays, pending govt notification. The new working hours will also be effective after govt notification.
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· President Ferdinand Marcos Jr. earlier said that the Kingdom of Saudi Arabia assured him that the settlement of the OFWs’ unpaid wages was already being processed. Saudi Crown Prince Mohammed bin Salman in November 2022 committed to allocate some 2 billion riyals for the unpaid salaries of some 10,000 overseas Filipinos
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· Banks 12th Bipartite Settlement Points. #1) The wage revision will be effective from 1.11.2022 for a period of five years.-Advertisement -. #2) Annual increase in salary and allowances is agreed at 17 %, of the annual pay slip expenses for FY 2021-22, which works out to Rs. 12,449 crores for all public sector banks including SBI. #3) The
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· Legend: The dash (–) symbol indicates missing data. Note: Data for 2024 cover the months of January through April. Major settlements are those involving bargaining units of 500 or more employees. For additional information, please see the Technical notes. Source: Strategic Policy, Analysis, and
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GOVERNMENT OF INDIA MINISTRY OF STEEL. STIO. NO.636FOR ANSWER ON 07. SALARY SETTLEMENT OF EMPLOYEES OF SAIL. 636. SHRI DHIRAJ PRASAD SAHU: Will the Minister of STEEL be pleased to state: (a) the percentage of Minimum Guarantee Benefit (MGB) and variable perks received by executive and non-executive class in SAIL
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9TH JOINT NOTE ON OFFICERS’ WAGE REVISION WAGE SETTLEMENT FOR OFFICERS OF THE BANKING INDUSTRY We reproduce below the text of AIBOC Circular No. 2024/06, dated 08.03.2024 on the captioned subject, the contents of which are self
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· Officers Wage revision-New Pay Scales-10th BPS (Bank Bipartite Settlement) Basic Pay 23700 to 85000. Dearness Allowance @0.10% per slab-as on date DA is 33.70%. Special Allowances : upto Scale III @ 7.75% + Dearness Allowance. Scale IV & V @ 10% +DA and.
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· Supreme Court of India Steel Authority Of India Ltd. vs Jaggu . on 5 July, 2019 Equivalent citations: AIR 2019 SUPREME COURT 3601, AIRONLINE 2019 SC 705, (2019) 162 FACLR 913, (2019) 2 SERVLJ 420, (2019) 3 CURLR 165, (2019) 3 ESC 641, (2019) 3 SCT
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Vide Circular dated 29.4.2019, SAIL has introduced SAIL Pension Scheme covering all executives (including Management Trainees) on rolls of the Company on or after 01.01.2007 (including those appointed at the Board level) and non-executives (including
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The Indian Banks' Association (IBA) and major bank employee unions have inked a mutual agreement, paving the way for a substantial 17 per cent annual wage hike. This agreement, signed as the 9th
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All India Demand Registration of SAIL Steel 2023-24-Hindi Appointment of SAIL Dealers Customer Feedback Customer Testimonial MOU Policy for Stainless Steel 2023 Products Structurals SAIL TMT Wire Rods Plates Railway Products
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SALARY SETTLEMENT OF EMPLOYEES OF SAIL. 636. SHRI DHIRAJ PRASAD SAHU: Will the Minister of STEEL be pleased to state: (a) the percentage of Minimum
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· Bank Employees Salary Hiked By 17%: A consensus has been made on 17 % annual increase in salary and allowances of the annual pay slip expenses for FY 2021-22 for bank employees of public sector
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· New Delhi: Ministry of Steel, Director G. P Meena on November 18, 2021, issued a letter on the salary Revision of Executives of the SAIL. As the letter mentioned that, it is directed to refer to SAIL's letter No. PER/EC/1213 dated 02.11.2021 on the subject mentioned above says the President is pleased to direct the Chairman to implement the
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· SAIL employee Arun Verma settled insider trading charges with SEBI, paying Rs 45.50 lakh. The settlement included disgorgement of unlawful gains and a one-year ban from securities markets. Verma's wife traded on unpublished information, and he executed the trades in violation of insider trading rules. Verma earned Rs 32.15 lakh in
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· The 12th Bipartite Settlement (12th BPS) has been signed on 8th March, resulting in an increase in the salary of bank employees. According to the information available, the settlement will be in effect for the next five years, starting from November 1, 2022. As per the officially signed Memorandum of Understanding (MOU), bank
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· Banks 12th BPS: Exciting news for bank employees! The 12th bipartite settlement for salary has been signed, resulting in a significant increase in salaries. The settlement brings a remarkable 17% hike in salaries, providing a much-deserved boost to the hardworking bank employees. Click here to join our whatsapp group to receive updates .
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Home. Welcome to the California Correctional Employees Wage and Hour Cases Settlement Website. This website provides information regarding certain employee class actions against the State of California, California Department of Human Resources, California Department of Corrections and Rehabilitation, and California Department of
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· Wage settlements. Publication date: May 31, 2024. The Labour Program collects and analyses collective agreements under federal, provincial, and territorial jurisdictions. The following tables contain historical information on major wage settlements covering 500 or more employees by month, quarter, and year for all industries, in both
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· SAIL declares financial results for Q3 and 9M FY’24. New Delhi. Mon, 02/12/2024-21:29. New Delhi, 12th February, 2024: Steel Authority of India Limited (SAIL) has declared its financial results today for the quarter and nine months ending 31st December, 2023. Key highlights: Performance of 9M FY 24 (Standalone) at a glance: Unit.
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The new wage settlement comes at a time when the public sector banks are financially healthy with their net profits have almost tripled to Rs 1.04 lakh crore in FY’23 compared to Rs 36,270 crore earned in FY'14. The Return on Assets (ROA) in public sector banks rose from 0.51% to 0.78% during this period, while net interest margin (NIM) has
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