(x) The
Monthly remuneration received by each of its officers and
employees, including the system of compensation as provided
in its regulations :
Each of the employees in workmen category receives monthly
remuneration containing Basic Pay, Dearness Allowance,
Conveyance Reimbursement Allowance, Production Incentive,
Jaduguda Allowance, House Rent Allowance, Attendance Bonus,
Night Shift Allowance, Washing Allowance, Site Allowance,
Underground Allowance etc. depending upon the grade and
scale of pay. However, officers and supervisors are not
entitled to Attendance Bonus, Night Shift Allowance, Site
Allowance. The details of the grades and pay scales are
given below :
A)
Officers and Supervisors :
All
Officers and supervisors are in the IDA scales of pay as per
the guidelines issued by the Dept. of Public Enterprises,
Govt. of India. The existing IDA pattern scales applicable
to officers and supervisors of the company are in operation
since 01.01.1997 for a period of ten years. The existing
designations, grades, and pay scales of officers and
supervisors are as under :
Designations Grades
Pay Scales(in Rs.)
FM/AAO
S1 6,400-200-10,000/-
GFM/AO
S2 6,550-225-11,275/-
Asstt.Supdt./Manager E1 8,600-250-14,600/-
Dy. Supdt./Manager E2 10,750-300-16,750/-
Addl.
Supdt./Manager E3 13,000-350-18,250/-
Supdt./Manager E4 14,500-350-18,700/-
Chief
Supdt./Manager E5 16,000-400-20,800/-
DGM E6 17,500-400-22,300/-
Gen.Manager E7 18,500-450-23,900/-
Executive
Director E8 20,500-500-26,500/-
Director E9 22,500-600-27,300/-
C&MD E10 25,750-650-30,950/-
B)
Workmen Category :
Pay scale
in respect of employees in workmen category is revised once
in five years after negotiations with Trade Unions and with
reference to guidelines issued by Govt. of India on the
subject. The scales given below are in existence since
01.04.1998.
Grade IDA
scale of pay
Helper-A 3,800-80-5,000/-
Helper-B 3,900-90-5,250/-
Helper-C 4,000-100-5,500/-
Tradesman-A/LDC 4,150-120-4,510-125-6,010/-
Tradesman-B 4,300-125-4,675-130-6,235/-
Tradesman-C/UDC 4,450-130-4,970-165-6,785/-
Tradesman-D 4,650-160-5,130-175-7,230/-
Tradesman-E/Asstt. 4,850-175-5,375-185-7,595/-
SLAS
grade 5,200-185-5,940-200-8,340/-
Revision
of IDA scales and perquisites for workmen category due for
revision w.e.f. 01.04.2003 negotiated and finalised between
the company and trade unions is pending for approval of the
government.
Each of
the employees at the end of each month gets a computerised
pay slip showing the details of earnings, deductions
including TDS etc.
The
details of remuneration received by the employees in excess
of the limits prescribed under the provisions of Section
217(2A) of the Companies Act, 1956 read with the Companies
(Particulars of Employees) Rules, 1975, where ever
applicable, are disclosed in the Annual Report of the
Company.