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IS&WP Jamshedpur employees to get 19.5 per cent bonus

Mail News Service

Jamshedpur, Sep 16: Indian Steel and Wire Products (IS&WP) Limited employees will get 19.5 per cent bonus this year. A bonus agreement was signed between the company management and union members on Friday. The maximum bonus amount would be Rs 73,500 while the minimum amount would be Rs 31,000. A total sum of Rs 2.67 crore would be distributed as bonus to 548 employees. The bonus would be disbursed by 21st September, sources said. The bonus agreement was signed by the MD of IS&WP Neeraj Kant, JK Singh, Uma Nath Mishra, Rakeshwar Pandey and others.

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