Tamil Nadu Bonuses: A Boost for Public Sector Workers
Tamil Nadu CM M K Stalin announced a bonus and ex gratia package for 'C' and 'D' category workers in state public sector enterprises. The new policy adjusts the salary ceilings for bonuses and affects various corporations and boards, benefiting 2,69,439 workers with a total disbursement of Rs 376.01 crore.
- Country:
- India
Tamil Nadu Chief Minister M K Stalin declared new bonus and ex gratia packages for public sector workers categorized as 'C' and 'D' on Monday. The decision, aimed at enhancing employee benefits, came as part of the 2024-25 policy adjustments.
The latest regulations amend the Bonus Act of 2015, raising the salary ceiling for eligibility and calculation. Key beneficiaries include workers at profitable enterprises like the Tamil Nadu Generation and Distribution Corporation and Tamil Nadu State Transport Corporations, who will receive an 8.33% bonus plus an 11.67% ex gratia.
For enterprises without an allocable surplus, a modified bonus structure will be applied. Overall, this new policy requires a disbursement of Rs 376.01 crore, impacting 2,69,439 eligible workers across various sectors in Tamil Nadu's public enterprises.
(With inputs from agencies.)
ALSO READ
Empowering Change: Yogi Adityanath's Commitment to Sanitation Workers
Aanganwadi Workers to Aid Voter Verification in Bihar Polls
Zomato and HDFC Pension Pave New Path for Gig Workers' Financial Security
Aanganwadi workers to be present at all polling booths to help verify identity of burqa-clad voters: CEC Gyanesh Kumar.
Tamil Nadu Announces Bonus and Ex-Gratia for Public Sector Workers
Google News