WebNov 22, 2024 · Around 60,000 employees working in the General Insurance public sector undertakings (PSU) are likely to see a 15% wage revision soon, according to a report by … WebAug 4, 2024 · The government last year had approved a 16 per cent wage revision with arrears and 15 per cent of similar hikes with arrears for the employees of LIC and PSU banking industry respectively.
Wage revision talks in PSU non-life sector to begin Wednesday
WebJul 7, 2013 · What is going on between GIPSA, DFS and JFTU , When will the wage revision progress , what is the currently going on about GIC PSU employees wage revision ..... WebOct 15, 2024 · Govt notifies 12% wage hike for employees of PSU general insurers This wage revision is effective from August 1, 2024 and applicable to those who were in the service … grow 100 lbs of potatoes in 4 square feet
Wage Revision: Insurance sector unions hope for wage talks to …
WebOct 15, 2024 · The next revision due from August 2024 will be in the form of a variable pay based on the performance of the company and the employee, it added. The Finance Ministry has notified an average 12 per cent wage hike for employees of four public sector general insurance companies effective from August 2024. WebOct 13, 2024 · There will be a total outgo of Rs 8,146 crore from all four companies for meeting wage revision expenses, analysts said. Analysts said the industry will see a large … WebMay 11, 2024 · This wage revision is effective from August 1, 2024 and applicable to those who were in the service of these companies, it said, adding that officers and employees will get arrears for five years. 15 Oct, 2024, 09:42 PM IST 7th Pay Commission: Dearness relief hiked by 4% for central govt pensioners; notification issued grow 1501 thinner msds