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NALCO signs 5th long term wage settlement with employees
Edited by : AL CIRCLE
1 min read
National Aluminum Company has signed its 5th Long Term Wage Settlement with employees under five of the companies recognized unions.
This includes Nalco Mines Mazdoor Sangha, Bauxite Mines; Nalco Mazdoor Sangha, Alumina Refinery, Damanjodi; Nalco Employees Sangha, Smelter Plant, Angul; Nalco Non Executive Employees Union, Captive Power Plant, Angul and Nalco Employees Central Union, Corporate Office, Bhubaneswar.
As a result, the non executives of the company will soon receive revised pay and perks which is valid for a period of 10 years wef January 1st 2007. The tripartite settlement, signed on September 5th 2011 was facilitated by the wage settlement board, under the chairmanship of Mr BL Bagra director finance cum CMD of NALCO and guidance of Mr KDR Achari deputy chief Labour Commissioner Central, Bhubaneswar cum Conciliatory Officer.
This includes Nalco Mines Mazdoor Sangha, Bauxite Mines; Nalco Mazdoor Sangha, Alumina Refinery, Damanjodi; Nalco Employees Sangha, Smelter Plant, Angul; Nalco Non Executive Employees Union, Captive Power Plant, Angul and Nalco Employees Central Union, Corporate Office, Bhubaneswar.
As a result, the non executives of the company will soon receive revised pay and perks which is valid for a period of 10 years wef January 1st 2007. The tripartite settlement, signed on September 5th 2011 was facilitated by the wage settlement board, under the chairmanship of Mr BL Bagra director finance cum CMD of NALCO and guidance of Mr KDR Achari deputy chief Labour Commissioner Central, Bhubaneswar cum Conciliatory Officer.
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