Thursday, March 30, 2023

Tata Motors Jamshedpur announces 10.6 per cent annual bonus, 281 bi-six employees made permanent


Jamshedpur. The pandemic Covid 19 failed to have an adverse impact on the bonus agreement of Tata Motors. With all eyes on the auto major, the bonus agreement was signed between the company management and the Tata Motors Workers Union leadership on the auspicious occasion of Vishwakarma Puja. According to the bonus agreement, the employees will get a 10.6 percent bonus for the financial year 2020-21. The employees will get  a maximum of Rs 50,200 and an average of Rs 38,200 as bonus.

 The company management will send the bonus amount to the bank accounts of all the employees by the end of September. The icing on the cake was that a total of 281 bi-six employees were permanent. This includes 276 bi-six employees and five nurses. The Tata Motors Workers’ Union leadership wanted the employees’ bonus agreement to be finalized by Vishwakarma Puja. In such a situation, talks on bonus were held between Tata Motors management and union leadership till one o’clock on Thursday night.

 This was followed by two rounds of video conferencing on Friday with Tata Motors’ former plant head co-currently manufacturing head AB Lal and CHRO Girish Wagh. After which, for the first time in history, the bonus agreement of the employees was finalized on the day of Vishwakarma Puja.

Tata Motors’ Jamshedpur plant was hit due to the lockdown. Less than half the production took place due to non-availability of orders.

Tata Motors Workers’ Union President Gurmeet Singh said that despite the production being affected in Covid 19, the company management has given better bonus to the employees. Union General Secretary RK Singh said that the company management, union and employees are confident that the plant may be running in loss but one day it will definitely turn into profit. 

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