Highlights of today’s Wage Revision Committee meeting.

The 3^rd 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 finalised by the Wage Revision Committee, should be implemented without any change. After a lot of discussions, the following decisions were taken.  

1. The view of the Management will be taken on the Staff Side’s demand for Wage Revision with 5% fitment. 
2. The number of employees who are facing / will face stagnation, from 2022 up to 2026, will be collected. 
3. The instances given by the Staff Side, regarding reduction in pension, in case of 0% fitment, will be looked into by the Management Side.
4. Pay reduction if any, that will arise after the Wage Revision, will be further studied by the Management Side.