Public companies in the coal sector distributed performance rewards worth Rs 1,03,000 to each non-executive employee on Friday. This financial benefit reaches approximately 2.1 lakh workers at Coal India Limited and its subsidiaries, plus 38,000 employees at Singareni Collieries Company Limited. The total expenditure amounts to Rs 2,153.82 crore for Coal India and Rs 380 crore for SCCL. Payment calculations follow attendance records on a proportional basis.
The announcement emerged from the sixth standardization committee meeting within the Joint Bipartite Committee for Coal Industry. Officials emphasized their goal to acknowledge worker dedication across all company divisions during festival season. This initiative demonstrates management commitment to employee welfare and productivity enhancement. The reward system aims to strengthen job satisfaction among essential mining operation staff.
The announcement emerged from the sixth standardization committee meeting within the Joint Bipartite Committee for Coal Industry. Officials emphasized their goal to acknowledge worker dedication across all company divisions during festival season. This initiative demonstrates management commitment to employee welfare and productivity enhancement. The reward system aims to strengthen job satisfaction among essential mining operation staff.
