Revision of Wage / Pay based on profitability of Central Public Sector Enterprise
Revision of Wage / Pay based on profitability of Central Public Sector Enterprise (CPSE) as a whole and not based on unit-wise performance
2(10)/2013-DPE(WC)-GL-XIII/13
Government of India
Ministry of Heavy industries & Public Enterprises
Department of Public Enterprises
Public Enterprises Bhawan
Block No.14, CGO Complex,
Lodi Road, New Delhi-110003
Dated: 30th April, 2013
OFFICE MEMORANDUM
Subject:- Revision of Wage / Pay based on profitability of Central Public Sector Enterprise (CPSE) as a whole and not based on unit-wise performance
The undersigned is directed refer to this Department’s Office Memoranda dated 26.11.2008, 09.02.2009 and 02.04.2009 (Executives pay revision) and 09.11.2006 and 01.05.2008 (Workmen Wage Revision) on the subject and to clarify that for the purpose of wage/pay revision, a CPSE is treated as a single entity and consequently, pay / wage revision has to be based on the performance/profitability of the company as a whole and not separately for each unit. It means that different units within the same CPSE cannot have different pay/wage structures.
Sd/-
(M. Subbarayan)
Director
Download Office Memorandum No. 2(10)/2013-DPE(WC)-GL-XIII/13 dated 30.04.2013