Highlights of 10th March 2022 Wage Revision Committee Meeting.
The 3rd meeting of the reconstituted Wage Revision Committee is held today. The Staff Side members strongly argued for Wage Revision with 5% fitment. They also demanded that the pay scales already finalized by the Wage Revision Committee, should be implemented without any change. After a lot of discussions, the following decisions were taken.
- The view of the Management will be taken on the Staff Side’s demand for Wage Revision with 5% fitment.
- The number of employees who are facing / will face stagnation, from 2022 up to 2026, will be collected.
- The instances given by the Staff Side, regarding reduction in pension, in case of 0% fitment, will be looked into by the Management Side.
- Pay reduction if any, that will arise after the Wage Revision, will be further studied by the Management Side.