BONUS FOR COOPERATIVE SOCIETIES EMPLOYEES
Tamil Nadu - Chennai Bonus for cooperative societies’ employees Special Correspondent CHENNAI: Employees of the Tamilnadu Co-operative Milk ...
https://iskablogs.blogspot.com/2009/10/bonus-for-cooperative-societies.html
Tamil Nadu - Chennai
Bonus for cooperative societies’ employees
Special Correspondent
CHENNAI: Employees of the Tamilnadu Co-operative Milk Producers’ Federation (Aavin), Arasu Rubber Corporation (ARC) and Tamil Nadu Tea Plantation Corporation (TANTEA) will receive a bonus of 8.33 per cent and ex gratia of 11.67 per cent for 2008-2009.
The government order, issued on Friday, will benefit 6,757 Aavin, 1,806 ARC and 9036 TANTEA employees.
Besides, 160 ARC employees, 358 TANTEA employees and Tamil Nadu Forest Plantation Corporation receive a bonus of 8.33 per cent and ex-gratia of 1.67 per cent for the year 2008-2009. This order will benefit 11,815 employees working in the above said corporations to the extent of Rs.8.25 crore.
The employees of co-operative societies will receive a bonus of 8.33 per cent and ex-gratia of 1.67 per cent. However, employees of profit making co-operative societies will receive a bonus of 8.33 per cent and ex-gratia of 11.67 per cent, subject to a ceiling of Rs.8,400.
The order will benefit about 67,000 employees, according to a press release.
SOURCE;THE HINDU
Bonus for cooperative societies’ employees
Special Correspondent
CHENNAI: Employees of the Tamilnadu Co-operative Milk Producers’ Federation (Aavin), Arasu Rubber Corporation (ARC) and Tamil Nadu Tea Plantation Corporation (TANTEA) will receive a bonus of 8.33 per cent and ex gratia of 11.67 per cent for 2008-2009.
The government order, issued on Friday, will benefit 6,757 Aavin, 1,806 ARC and 9036 TANTEA employees.
Besides, 160 ARC employees, 358 TANTEA employees and Tamil Nadu Forest Plantation Corporation receive a bonus of 8.33 per cent and ex-gratia of 1.67 per cent for the year 2008-2009. This order will benefit 11,815 employees working in the above said corporations to the extent of Rs.8.25 crore.
The employees of co-operative societies will receive a bonus of 8.33 per cent and ex-gratia of 1.67 per cent. However, employees of profit making co-operative societies will receive a bonus of 8.33 per cent and ex-gratia of 11.67 per cent, subject to a ceiling of Rs.8,400.
The order will benefit about 67,000 employees, according to a press release.
SOURCE;THE HINDU
