Rico Auto workers ended 50 days strike

Workers at Rico Auto Industries ended their about 50 day strike following an agreement with the management on reinstation of some employees.

As per the agreement, out of the total 16 workers, who were suspended after the strike started, the management has agreed to revoke the suspension of eight, while one worker will be taken back after one month.

Mr Surinder Singh Chaudhary senior VP HR of Rico Auto said that “Seven workers who indulged in indiscipline will be investigated by State (Haryana) Labour Department and action will be taken accordingly.”

Mr Chaudhary added that incentives and other issues like salary hike will be decided after comparing with other leading firms located in and around the Gurgaon Manesar belt.

Asked about losses suffered by the company, he did not disclose any exact figure but said Rico Auto had been making components worth INR 1.5 crore per day before the workers went on strike.

The workers went on strike from September 17 demanding, among other things, hike in salary and recognition of their union. The strike turned violent on October 18 as clashes broke out between two groups of workers that led to the death of a 26 year old employee. The company’s plant was shut down completely for three days afterwards.

(Sourced from http://www.steelguru.com/news/index/2009/11/07/MTE5MjMy/Rico_Auto_workers_ended_50_days_strike.html)

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