Friday, May 10, 2013

Revision of Wage/Pay based on profitability of Central Public Sector Enterprise (CPSE) as a whole and not based on unit-wise Performance

Posted by Government Staff on 10:46 PM. ,, - No comments

Revision of Wage/Pay based on profitability of Central Public Sector Enterprise (CPSE) as a whole and not based on unit-wise  Performance

2(10)/2013-DPE(W )-GL -XIII/13
Government of India
Ministry of Heavy industries & Public Enterprises
Department of Public Enterprises

Public Enterprises Bhawan
Block No.14, CGO Complex,
Lodi Road, New Delhi-110003
Dated: 30th April, 2013

OFFICE MEMORANDUM

Subject:- Revision of Wage/Pay based on profitability of Central Public Sector Enterprise (CPSE) as a whole and not based on unit-wise  Performance.

The undersigned is directed refer to this Department’s Office Memoranda dated 26.11.2008, 09.02.2009 and 02.04.2009 (Executives pay revision) and 09.11.2006 and 01.05.2008 (Workmen Wage Revision) on the subject anl to clarify that for the purpose of wage/pay revision, a CPSE is treated as a single entity and consequently, pay/wage revision has to be based on the performance/profitability of lhe company as a whole and not separately for each unit. It means that different units within the same CPSE cannot have different pay/wage structures.

source-http://www.dpe.nic.in

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