Nokia employees at Sriperumbudur to get severance package of Rs 7.5 lakh each

The author has posted comments on this articleTNN | Oct 31, 2014, 03.07AM IST

In addition to the settlement sum, the Nokia management has agreed to pay salaries for November and December, sources said.

CHENNAI: A final settlement was reached for over 900 workers still employed at Nokia's phone manufacturing unit in Sriperumbudur on Thursday, a day before the official closure of the plant. The deal arrived at gives the staff a sum slightly higher than the amount of Rs 6 lakh announced through a voluntary retirement scheme (VRS).

A tripartite meeting between the Nokia India Thozhilalar Sangam - the workers' union, the company management and the labor commissioner's office concluded on Thursday, bringing about an amicable financial settlement for the 912 employees and 28 clerical and contract staff remaining in the Nokia unit.

READ ALSO: Trade unions want 'Amma' mobile made in Nokia plant

Nokia's Chennai plant becomes an orphaned factory

The workers will get an average severance package of Rs 7.5 lakh, including a lump sum of Rs 1 lakh, sources said. The settlement has been arrived at and accepted unilaterally upon the advice of the labor commissioner. In addition to the settlement sum, the Nokia management has agreed to pay salaries for November and December, sources said. It has also been agreed upon that October 31, 2014, Friday, will mark the end of employment for the employees.

The plant, which has been manufacturing phones since 2006, will cease production with effect from November 1. Microsoft, which acquired Nokia's Devices & Services unit in September last year, ended its contract with the company last month.

Nokia announced suspension of production at the Sriperumbudur plant from November 1 (TOI photo)

Following the discussions, the Union is expected to have a general body meeting on Friday and make a presentation to employees on the discussions and decisions taken during the tripartite meeting, sources said.

At its peak, the Nokia manufacturing unit had about 40,000 employees - both direct and indirect - and ever since Nokia's Devices & Services unit was acquired by Microsoft, the number has been dwindling, leaving about 940 employees staying on with the company till the end.

Nokia manufacturing factory at Sriperumbudur near Chennai (TOI photo)

Anda sedang membaca artikel tentang

Nokia employees at Sriperumbudur to get severance package of Rs 7.5 lakh each

Dengan url

http://sehatnyasusu.blogspot.com/2014/11/nokia-employees-at-sriperumbudur-to-get.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Nokia employees at Sriperumbudur to get severance package of Rs 7.5 lakh each

namun jangan lupa untuk meletakkan link

Nokia employees at Sriperumbudur to get severance package of Rs 7.5 lakh each

sebagai sumbernya