Mail News Service
Jamshedpur, Sept 2: The Annual Bonus for the employees of The Tinplate Company of India Limited for the Accounting Year 2018-19 was finalized today in an agreement entered into between the TCIL Management and The Golmuri Tinplate Workers� Union (GTWU).
This agreement has been entered into under Sec.31-A of the Payment of Bonus Act, 1965 on the basis of the agreed criteria in terms of production, prime yield, and profitability. According to the agreement, the eligible employees will receive Annual Bonus of 17.5% of their annualized eligible earnings – Basic Wages and DA earned by them during the Accounting Year 2018-19.
The agreement was signed by R.N.Murthy, MD, Rupam Bhaduri, VP (Safety & Corporate); S. Venkatraman, GM(Works); Harjit Singh, DGM (HRM &SS), Sourabh Agarwal, Chief Financial Officer; Dr. Atul Srivastava, Chief (Medical Services), Gurprit Singh, Sr. Manager (Employee Relations) and Rajesh Kumar, Manager (Administration) on behalf of the Management and; Rakeshwar Pandey, President (GTWU); Parbinder Singh, Dy. President, Sudama Tiwary, Mahender Singh, Satnam Singh, Vice Presidents, Manoj Kumar Singh, General Secretary, Gautam Dey, Munna Khan, A. Ramesh Rao & P.N. Singh, Asst. Secretaries, Narendra Kumar Ojha, Treasurer and Daljit Singh, Asst. Treasurer on behalf of The Golmuri Tinplate Workers� Union.
P.P. Moulik, Sr. Manager (Finance) and Dhritirupa Chatterjee, Asst. Manager (Finance) from Management and Mr. Dharmendra Kumar Singh, Principal Advisor to President on behalf of GTWU were also present on the occasion.
