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Toyota Boshoku Automotive India Pvt. Limited. Group HR Meeting on 01-02-2011. Wage Revision 2010-11. Union submitted COD on 23/07/2010 MOS signed on : 27/01/2011 Demand Rs. ` 6500/- per month Average Increase: ` 3291/- per month TMs covered under COD: 241 No’s
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Toyota Boshoku Automotive India Pvt. Limited Group HR Meeting on 01-02-2011
Wage Revision 2010-11 • Union submitted COD on 23/07/2010 • MOS signed on : 27/01/2011 • Demand Rs. ` 6500/- per month • Average Increase: ` 3291/- per month • TMs covered under COD: 241 No’s • IR Situation is Cordial.
Appreciation pay/Gift • Both staff and TMs were paid ` 27,500/- • Paid before Diwali holiday as a practice. • No plan to give any gifts for Etios launch
EL-encashment • Legal opinion : to be paid on total salary in all cases except during yearly leave encashment. • Details of group company's given below. • As a corporate it is our responsibility to follow and abide the rules under various labour enactment.
ESI COVERAGE • Only 3 regular TMs covered-1/11/2010 • As per COD three will be discontinued from medical Insurance. • Now we have 20 TMs/trainees covered. • All contract workmen are covered.