The Hindu : Kerala / Thiruvananthapuram News : Bonus for PSU employees

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Thursday, Aug 12, 2010
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Kerala - Thiruvananthapuram

Bonus for PSU employees

Special Correspondent

THIRUVANANTHAPURAM: The 7,056 employees of nine State public sector undertakings will get a bonus of Rs.11.31 crore this time. A decision to this effect was taken at a meeting held here on Wednesday under the leadership of Industries Minister Elamaram Karim and Labour Minister P.K. Gurudasan. Labour Commissioner C.S. Reghu and the Additional Chief Secretary T. Balakrishnan, who is in charge of Industries, were among those who took part in the meeting.

The undertakings are KMML, Malabar Cements Ltd., TELK, TTP, United Electrical Industries, Steel and Industrial Forgings, Traco Cable Company, Kerala Electrical and Allied Engineering Company and TCC.

For KTDC

The KTDC has announced a special reward in addition to 8.33 per cent bonus to its employees. Those eligible for bonus and trainees will get Rs.1,000 each as special reward. Employees not eligible for bonus will get a festival allowance of Rs.1,500 and a special reward of Rs.3,000. Permanent employees are also eligible for an advance of Rs. 20,000.

These decisions were taken at a meeting held here today with the Tourism Minister, Kodiyeri Balakrishnan in the chair and attended by KTDC chairman Cheriyan Philip; Tourism Secretary V.Venu; KTDC managing director K.G. Mohanlal; and company secretary P.Sreekumar.

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