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

51300 - 3% - 73000

E6

51300 - 3% - 73000

E5

43200 - 3% - 66000

E4

36600 - 3% - 62000

E3

32900 - 3% - 58000

E2

29100 - 3% - 54500*

E1

24900 - 3% - 50500*

E0

12600 - 3% - 32500

 

NON-EXECUTIVES

GRADE

PAYSCALE

S11

18000 - 3% - 43950

S10

17900 - 3% - 42030

S9

17800 - 3% - 35480

S8

17700 - 3% - 32420

S7

17600 - 3% - 31230

S6

17500 - 3% - 30070

S5

17300 - 3% - 27540

S4

17100 - 3% - 25540

S3

16800 - 3% - 24110

S2

16300 - 3% - 23200

S1

15830 - 3% - 22150

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