#1
November 14th, 2017, 04:42 PM
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Salary Structure of Hindustan Aeronautics Limited
Hi I would like to have the details of the monthly remuneration received by each of HAL Officers and Workers?
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#2
November 15th, 2017, 08:10 AM
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Re: Salary Structure of Hindustan Aeronautics Limited
Monthly remuneration received by each of HAL Officers and Workers, including the system of compensation as given in its regulations. The compensation payable to Executives of the Company is administered by the Rules issued by the Department of Public Enterprises (DPE), Government of India. The compensation payable to Workmen are settled through arrangements with the perceived Trade Unions of Workmen, as per the Guidelines issued by the Department of Public Enterprises, Government of India. The overall Scales of Pay in regard of Executives and Workmen are given underneath: Executives (w.e.f. 1.1.07) Grade Scale OF Pay I 12,600-32,500 II 16,400-40,500 III 20,600-46,500 IV 24,900-50,500 V 29,100-54,500 VI 32,900-58,000 VII 36,600-62,000 VIII 43,200-66,000 IX 51,300-73,000 X 62,000-80,000 CEOs 75,000-1,00,000 Directors 75,000-1,00,000 CMD 80,000-1,25,000 Workmen (w.e.f. 1.1.12) Scale Scale of Pay 1 9,500-20,510 2 9,800-22,800 3 10,100-24,670 4 10,400-25,640 5 10,750-27,670 6 11,050-28,970 7 11,400-30,280 8 11,750-31,500 9 12,150-32,000 10 12,500-32,250 SS 12,600-32,500 Note: Notwithstanding the Basic Pay payable according to the Scales of Pay showed above, workers are qualified for installment of Dearness Allowance; settlement in Company Quarters on ostensible lease or installment of House Rent Recompense; different Allowances/Benefits; Performance Related Pay/Productivity Motivating forces; Leave; Free Medical offices for self and ward family individuals; Canteen Facilities; Superannuation Benefits; other Welfare offices; and so on according to Company's Rules. |