Online edition of India's National Newspaper
Friday, Dec 23, 2005
Google



Kerala
News: Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous | Engagements |
Advts:
Classifieds | Employment | Obituary |

Kerala Printer Friendly Page   Send this Article to a Friend

Wage revision in general insurance sector

Staff Reporter

KOCHI: The Finance Ministry has cleared the proposal for wage revision in the four public sector general insurance companies.

General Insurance Officers All-India Association State general secretary P.P. Mohanan said here on Thursday that the unions concerned and the management body GIPSA (General Insurers Public Sector Association) had reached a consensus on wage increase in the discussions held in Hyderabad last July. But its implementation was delayed indefinitely mainly due to disputes on the transfer and mobility policy for Class 3 employees as the unions were demanding that wage revision be independent and unconditional. The present system of five-day week will continue. More than 60,000 employees of the four public sector general insurance companies will get salary arrears with effect from August 2002.

Printer friendly page  
Send this article to Friends by E-Mail



Kerala

News: Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous | Engagements |
Advts:
Classifieds | Employment | Obituary | Updates: Breaking News |

Sivananda Orphanage


News Update


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2005, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu