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Tata Motors Grade Revision: 5600 Employees Salary Increased By Rs 17K

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Tata Motors Grade Revision 2022: There is good news for 5600 permanent employees of Tata Motors. Their salary has been increased by Rs 17,000. There has been an increase of Rs 6,618 in the basic of the employees, whereas last time this increase was Rs 4,400. An agreement was reached between the management and the union on Saturday on the grade revision of Tata Motors employees. The new deal has been made for four years, i.e. from April 1, 2022, to March 31, 2026.

Tata Motors Grade Revision

An agreement was reached between the management and the union on the grade revision of Tata Motors employees. According to this, there has been an increase of 17 thousand rupees in the employees’ salary. There is a variable pay amount of Rs 3,000 in this. There has been an increase of Rs 6,618 in the basic of the employees, whereas last time this increase was Rs 4,400. Under the agreement, there will be an increase of 65 per cent in the first year, 15 per cent in the second year, and 10-to 10 per cent in the third and fourth years.

5600 permanent employees will get the benefit

The new agreement has been made for four years, i.e. from April 1, 2022, to March 31, 2026. The benefit of the contract will be available to 5600 permanent employees of the company. In comparison, it was decided to make 151 by six employees permanent, while the salary of two six employees has increased by four thousand rupees.

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For the first time, if the agreement is reached in April itself, the company will give a lump sum of 20 thousand rupees as a management bonus to all the permanent employees of the Jamshedpur plant. Rs 4 lakh in medical referral has been increased to Rs 5 lakh. Six employees will now be able to admit the dependent in Tata Motors Hospital without a guarantor.

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Geeta Kumar
Geeta Kumar
Geeta Kumar is Our Digital Media Specialist at Spot News 18. She Manages our Digital Media Account Globally. She loves to be connected on Social Media.

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