The monthly remuneration received by each of the Company Officers and employees

The remuneration of the officers (Executives) of the company is governed by the guidelines of the Department of Public Enterprises Government of India. The pay scales of officers are of Industrial DA pattern. The Remuneration of employees (Non-Executives) is fixed through negotiation with workmen´┐Żs Union subject to the overall guidelines of Department of Public Enterprises Government of India. The monthly emoluments of officers and workmen at various grades of pay scale are given below:

Revised Pay Scale For Different Grades (w.e.f. 01.01.2007)

BOARD LEVEL

GRADE

PAYSCALE

Sch.A

80000-3%-125000

Sch.B

75000-3%-100000


EXECUTIVES

GRADE

PAYSCALE

E9

62000-3%-80000

E8

51300-3%-73000

E7

To be Notified

E6

To be Notified

E5

43200-3%-66000

E4

36600-3%-62000

E3

32900-3%-58000

E2

24900-3%-50500

E1

20600-3%-46500

E0

12600-3%-32500

 

NON-EXECUTIVES

GRADE

PAYSCALE

S11

12460-3%-23970

S10

11860-3%-22920

S9

11400-3%-19350

S8

10960-3%-17680

S7

10530-3%-17030

S6

10120-3%-16400

S5

9730-3%-15020

S4

9440-3%-13930

S3

9160-3%-13150

S2

8890-3%-12650

S1

8630-3%-12080

 NOTE:- Remuneration and Compensation are as per company's guideline.