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Ramkrishna Forgings announces 20 per cent annual bonus

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Jamshedpur: Ramkrishna Forgings Limited, Gamharia, announced an annual bonus of 20 per cent on Tuesday. The bonus settlement was arrived at during a meeting of management officials and members of Ramkrishna Forgings Shramik Sangh at Plant I.

As per the agreement, the employees will get a minimum of Rs 21,784 and a maximum of Rs 41,626 in bonus. The bonus amount would be sent to the eligible employee’s bank account by this weekend, sources said.

The bonus settlement agreement was signed by the vice president HR of the company SP Senapati, Plant I head Balajee, HR Manager Manohar Pandey, Rintu Mukherjee, union president Jai Narayan Sharma, union vice president Surendra Sao, union general secretary DN Singh, Manager Yadav, SK Bose and Sanjay Prasad.

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