A bipartite wage negotiation committee constituted by the Ministry of Shipping, under the chairmanship of Mr SS Hussain chairman of Indian Ports Association signed 5 year wage settlement with 23% hike which is expected to benefit nearly 70,000 different category employees of 12 major ports across the country.
The agreement was signed by seven of the 12 members of the 5 federations, representing the workers while 5 members of BWNC, led by Mr PM Mohammed Haneef general secretary of All India Port & Dock Workers Federation declined to sign the agreement as they did not agree over the clauses regarding promotional benefits.
In the absence of the Mr SR Kulkarni President of HMS the protest over the signing of the agreement was spearheaded by Mr Hanif, who later told presspersons that they would take up the matter with the Labour Department.
Mr Hussain said that the Class III and Class IV employees of the port and dock workers of the 12 major ports will get the benefits of the revision of their wages, allowances and other remunerations with effect from January 1st 2007. The wage settlement is for a period of 5 years commencing from January 1st 2007 to December 31st 2011. The additional aggregate financial implication of the wage hike for the 12 major ports would be around INR 450 crore an annum.
As a result of the settlement, the port and dock employees will get a fitment benefit of 23% on the basic pay as on December 31st 2006 and variable dearness allowance up to AICPI 2884 points base year of 1960.
Mr SS Hussain said that the arrears on account of the revision of wages, allowances and other remuneration shall be paid retrospectively from January 1st 2007 and disbursed within 2 months of signing of the settlement. The port employees shall also get the benefit of port allowance, transport reimbursement, children's education allowance, reimbursement of tuition fees reimbursement of washing allowance and night weightage, etc. The employees are assured of career progression and completion of 10 years as against 12 years.
(Sourced from http://www.steelguru.com/news/index/2010/01/25/MTMwMDEw/Port_workers_panel_signs_5_year_wage_settlement_pact.html)
Sunday, January 24, 2010
Port workers panel signs 5 year wage settlement pact
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