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 21^st 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.