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Home Personal Finance Employees Salary Deduction: Big News! 15.5% reduction in basic salary, salary will...

Employees Salary Deduction: Big News! 15.5% reduction in basic salary, salary will come down from September

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Employees Salary Hike: Good news for employees, 30% increase in salary, up to Rs 50 thousand will come into account

Employees may face a big shock. Their salaries will be cut. Along with this, a reduced amount will be made available to them from the month of September. It has been clarified in the order that if any employee leaves the job during this period, his salary will be stopped from January 2023. However, if the deduction is found invalid after review, the employees will be paid the deducted amount as arrears.

Employees Salary Deduction: There is big news for the employees. This time his salary will be cut. Along with this, thousands of employees will suffer a loss of 8 to 10 thousand rupees. The deduction will be applicable from the salary of the month of August only. In such a situation, there will be a decrease in the salary of the employees in the month of September.

Bharat Heavy Electrical Limited will cut the salary of more than 10000 executive years supervisor employee. His basic pay is to be cut by 15.5%. The deduction is to be done from the month of August i.e. from the month of September their salaries will come down. Tell that this reduction will affect 600 supervisors and 900 executives in Bhopal Bharat Heavy Electrical Limited.

If the basic salary of an employee is 1 lakh, then 15 to 16 thousand rupees less will be available to him. This information has been given to the unit by the Executive Director of BHEL Corporate. Till now 31% was being provided to the employees as allowance. Now it has been reduced by 50%.

Cut in salary

In such a situation, along with the basic salary, the employees will be given a benefit of 15.5% for other allowances including conveyance allowance, cleaning allowance and uniform allowance. There is a provision for pay revision in BHEL every 3 years. Employees are waiting for this from January 1, 2023. Pay revision is decided keeping in mind the profit and loss of 3 years. Earlier, BHEL was running at a loss of Rs 5000 crore. Whereas for the last 2 years, a profit of Rs 500 and 1000 crore has been considered.

Payment possible in arrears

The financial position of 3 years will be seen. Till then, the basic salary of all officers and supervisors has been reduced by 15.5%. If this deduction is rejected after review, the amount deducted will be returned to the employees as arrears.

These will be the rules

However, the salaries of the lower staff will remain the same as before. 15000 employees will have to bear the loss of the same cut while more than 27000 officers and employees are working in 15 units of BHEL. It has been clarified in the order that the salaries of the lower staff will remain the same as before. The increment will be decided on the basis of the performance of the unit. Also, if a supervisor and executive leaves the job, then their salaries will be stopped from January 1, 2023.

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