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PSU EMPLOYEES BONUS
TN CM MK Stalin announces bonus, ex-gratia to 2.75 lakh state PSU employeesTamil Nadu Chief Minister M K Stalin announced bonuses and ex-gratia for 2.75 lakh workers of state PSUs for 2023-24, ahead of Diwali. Prof...- Here's how much money Cognizant CEO Ravi Kumar S got in 2023Cognizant CEO Ravi Kumar S's $22.5 million compensation for 2023 has sparked debate amid the company's 0.3% revenue decline to $19.4 billio...
- Government asks PSBs to finalise next wage revision before November 1There are 21 public sector banks, post merger of six lenders with SBI, in the country. They together employ about 8 lakh people.
- Govt asks PSBs to finalise next wage revision before November 1Banks Board Bureau chief Vinod Rai had made a case that the compensation package across the board of public sector banks needs to be improv...
- DoD for ESOPs as variable pay in PSUs to raise retail holdingThe DoD under the ministry has suggested to the DPE that the Performance Related Pay (PRP) to PSU executives be in the form of ESOP.
- New system on cards to pay bonuses to oil PSU employeesGovernment is preparing a new system of rewards that will insulate them from the vagaries of exchange rates & controls on fuel rates.
- PSU incentives to employees for beating deadline"If we give incentives to the staff involved in the projects, both time and cost overruns can be curtailed," said a government official, re...
- Finance minister to meet PSU bankers to review succession, FY-11 showThe finance ministry will review the statement of intent target, status of agriculture loan, progress on financial inclusion and matters re...
- Nalco approves stock split, issues bonus sharesNavaratna PSU National Aluminium Company Limited (NALCO) today said it is going for capital restructuring by splitting the equity share of ...
- Nalco issues bonus shares, opting stock-splitThe National Aluminium Company Limited (NALCO) - the Navratna PSU, for the first time has opted for capital restructuring by splitting a sh...
- Indian Oil plans to hire 250 staff this yearIOC plans to recruit 250 people this year, a top company official has said.
- CITU sees red over ‘hefty’ bonuses to PSU executivesA leftbacked trade union is complaining that “huge bonus in the garb of performance related pay” given to executives is discriminatory agai...
- CITU sees red over ‘hefty’ bonuses to PSU executivesWages always separated workers from the executives. But, now a left-backed trade union is complaining that “huge bonus in the garb of perfo...
- NLC workers go on strikeMajority workers in PSU, Neyveli Lignite Corporation (NLC) have decided to go on an indefinite strike from Wednesday night after talks fail...
- Centre reworks appraisal system for PSU staffGovt is putting in place a performance management system in public sector cos to have a uniform mechanism for distributing performance-link...
- Govt sets up uniformity to distribute bonus to PSU employeesThe government has put in place a performance management system (PMS) to have a uniform system for distributing performance-linked bonus to...
- Govt plans to give CEOs of sick PSUs fat pay hikesThis may sound funny, but the government is serious about giving grand pay hikes to CEOs of sick public sector units (PSUs).
- Ratna PSUs may get freedom to set perksGovernment plans to give them complete autonomy in deciding the perks and bonuses of their employees. Benefits of money back policy | Now i...
- NTPC lines up bonus issue to fund capexThe co is examining the options of tapping the cap mkt with a follow-on equity issue to mobilise resources.
- PSU banks see red over rate diktatPublic sector banks are seething with anger against the government’s move to refrain them from hiking rates.
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