Tata Motors reaches wage deal with Sanand plant union

By: Reuters
| Updated on: 10 Jun 2017, 16:24 PM

Share Via

Follow us on:

The agreement introduced a performance-linked payment accounted as 10% of the worker’s total salary, Tata Motors said in a statement.

Tata Motors Worker Union members with Sanand plant head Neeraj Agarwal and HR head Vivek Bindra, at the signing of the LTS agreement for Sanand for a period of 5 years.

Share Via

Tata Motors Worker Union members with Sanand plant head Neeraj Agarwal and HR head Vivek Bindra, at the signing of the LTS agreement for Sanand for a period of 5 years.

Tata Motors Ltd reached a long-term wage settlement with workers at Sanand plant in Gujarat.

The settlement includes a total wage package of ₹16,000 ($248.96) per worker, excluding the salary, to be paid uniformly over the five-year term of the agreement, a company spokesperson told Reuters.

Trending Cars

Find more Cars

The agreement introduced a performance-linked payment accounted as 10% of the worker's total salary, Tata Motors said in a statement.

The settlement, which spans from October 2015 to September 2020, includes an annual bonus based on performance for all permanent workers at the plant.

Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape.

First Published Date: 09 Jun 2017, 19:30 PM IST