Tata Group, an unavoidable business group in india has come forward with certain gratitude measures. Tata Steel, the group’s leading company, has announced bonus levels for all of its employees.
According to Tata Steel, an agreement was signed between Tata Steel and the workers’ union.
In a statement, Tata Steel said it will pay a bonus of Rs 270.28 crore to its eligible employees for 2020.21
How much bonus?
158.31 transferred to its division at Jamshedpur on the above inducement. This will give employees a minimum bonus of Rs 34,920 and a maximum bonus of Rs 3,590,229.
Contract Signing
The agreement on bonus amount was signed by Tata Steel CEO TV Narendran and vice president Atreya Sanyal, among other senior executives. In addition to them, union president Tata Sanjeev Kumar Chaudhary, union president Tata Sailesh Kumar Singh, union general secretary Kumar Singh and other employees also signed the agreement, the statement said.
What is the profit? 4,444 Tata Steel posted a consolidated net profit of Rs 9,768 crore for the fourth quarter of June, including a net loss of Rs 4,648 crore last year. Profit after taxes, interest and depreciation increased 36% to Rs 7,161 crore in the third quarter.
What is the income?
Profit before tax and profit before amortization is at Rs 16,185 crore, which further strengthens the relationship with customers for strong market growth. To achieve this goal, in a recent statement, Tata Steel said it is constantly improving its business as a distributor, distribution chain, brand extension, product introduction. new and many new materials to improve the relationship between customers and the company.
Employee Incentives
The Company is expected to publish such an announcement in this regard as a way to strengthen relationships with its employees. Hopefully this will motivate employees and help them stick with the company.
The bar shakes up sales
In fact, there’s no doubt that this will entice employees. Meanwhile, Tata is said to be the first integrated steel company in Asia. It is a quality company founded in 1907. It has made Jamshedpur an industrial city. The company achieved sales of Rs 91,037 crore in fiscal year 21.
Hi Tata .. Full salary up to 60 years old for the family of employee who died of halo ..!
Tata Steel, India’s leading steel producer, has earned the respect of millions of Indians with its announcement today.
Full Salary Until Retirement
Tata Steel announced that in the event a 30-year-old Tata Steel employee dies due to corona, the employee’s family will be required to pay the last month’s salary received by the employee. every month until the next 30 years, i.e. to retirement age.
Free Education Until Graduation
In addition, Tata Steel has announced that if any of its frontline employees are killed by Corona, the education of that employee’s family children will be managed. manager until graduation.
Tata Steel’s Gratitude
Tata Steel has stated that it will always protect its investors like Steel, and is now committed to protecting the families of affected employees like Steel and doing everything they can for the benefit of the company. surname.