Saturday, October 1, 2022

TSUISL announces annual bonus of Rs 6.088 crore for 751 employees for the year 2019-20

Jamshedpur: TSUISL (formerly Jusco) Management will disburse Annual Bonus for the accounting year 2019-20 based on already agreed upon bonus formula for 2019-20.

This year the management decided the bonus amount on the basis of earlier formula as no bonus talks were held with the union owing to union’s tenure having ended in March.

Bonus entitlement is based on a pre-decided formula and the Company’s performance on various parameters such as Profit before taxes(PBT), Safety performance, compliance to complaints, Transmission and Distribution loss, overall unaccounted for water, customer satisfaction index, Repeat complaints, Productivity and Total Productive Maintenance, good performance etc, all of which help the Company achieve its Strategic goals and objectives..

Also Read:  JNAC announces competition and awards for Durga Puja pandals

As per the agreement, Rs 6.088 crores would be disbursed on Monday, October 19 to all eligible employees considering the oncoming festive season.

751 employees would be paid annual bonus for the year 2019-20.

The union president Raghunath Pandey has however termed the bonus agreement as incomplete and said that he would speak to the management on the issue after the union elections.

ALSO READ

JNAC announces competition and awards for Durga Puja pandals

0
Appeal to puja committees to cooperate with JNAC administration Jamshedpur: In view of Durga Puja, Jamshedpur Notified Area Committee administration has also geared up. On Thursday,...

DC Vijaya Jadhav leads anti-encroachment drive in Mango

0
DC Vijaya Jadhav comes out on roads with crane, Admn move to clear road encroachments before Durga Puja Jamshedpur: Acting swiftly on reports of frequent...

OPINION

MGM College & Hospital needs Govt attention!

0
The condition of MGM College & Hospital needs urgent attention of the state government, especially the Health Minister Banna Gupta himself. Being a referral hospital,...
Town Post Edit

India must stop Hindu genocide in Pakistan and Bangladesh

0
It took a former Congressional candidate Manga Anantmula, the mother of a US Navy commander to call out Pakistan’s systematic cruelty against minority women....

TRENDING NOW

The greatness of our MOTHERLAND

0
Swami Vivekananda If there is any land on this earth that can lay claim to be the blessed Punyabhumi (holy land), to be the land...

DC Vijaya Jadhav leads anti-encroachment drive in Mango

0
DC Vijaya Jadhav comes out on roads with crane, Admn move to clear road encroachments before Durga Puja Jamshedpur: Acting swiftly on reports of frequent...

Feel like reacting? Express your views here!

Read More

Comments

Recent

Subsribe Our Newsletter & get Free Daily News & Opinion updates!

Town Post

FREE
VIEW