Nokia management, workers sign new wage agreement

July 20th, 2010 - 12:57 am ICT by IANS  

Chennai, July 19 (IANS) Five days after workers at the Nokia plant here called off their agitation, the management and the Nokia India Employees Progressive Union (NIEPU) Monday evening signed a
new three-year wage agreement.

“The agreement was signed in the presence of state Labour Minister T.M.Anbarasan. As per the agreement, the per month increase in salary for workers depending on their category will range between Rs.2,000 and Rs.3,000,” a union official told IANS.

According to him the gross salary of a worker post-revision will be in the range of Rs.6,100 and Rs.10,000.

The previous wage agreement ended in March.

According to the union official, other non-core benefits like uniforms and footwear were also agreed upon.

The agreement also covers the reinstatement of the employees suspended in January when the workers resorted to a sit-in strike.

Workers at Nokia India’s plant near here make anything between 500,000 to 800,000 mobile phones per day.

The company would incur a loss of around Rs.120 crore per shift if production is halted for any reason.

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