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Ashok Leyland employees continue stir; VRS & ESS scheme disclosed

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Published : Aug 17, 2019, 7:24 PM IST

Updated : Aug 17, 2019, 7:34 PM IST

The Union had demanded a 10 percent hike in bonus, while the management offered five percent, which was not acceptable, they said.

Ashok Leyland

Chennai: A section of employees at Ashok Leyland continued their stir for the second day here on Saturday, demanding an increase in bonus, while the company announced an employee separation scheme at the executive level due to the slowdown in the automobile sector.

"We are continuing our protest. The Management has declared non-working days till Monday. We will continue our protest till they come forward for an amicable solution", sources at the Ashok Leyland Employees Union said Saturday.

The Union had demanded a 10 per cent hike in bonus, while the management offered five per cent, which was not acceptable, they said.

Union sources said if the management does not take a call on the issue 'amicably' they would be forced to intensify their stir next week by going on a hunger strike.

"As of now, 1,800 employees (operating in two shifts) are participating in the strike. We expect the employees working in those factories (of Ashok Leyland) in the Southern region to join us on Tuesday", he said.

Meanwhile, in a recent notice to employees, the Hinduja Group flagship company said it has come out with two schemes--- a Voluntary Retirement Scheme and an Employee Separation Scheme (ESS) for those employees not eligible for VRS.

The schemes were announced at the executive level, sources said.

Read more: PM Modi launches RuPay Card in Bhutan

Under the ESS, the compensation payable to an executive under 'A' category will be Rs 30 lakh or lower, while in the 'B' category, it will be Rs 60 lakh and above.

"An executive who opts for separation under ESS will be eligible for a lump sum compensation", the notice said.

In addition to the compensation announced, the executives will be eligible for various terminal benefits, it said.

Comments from the company could not be obtained as calls and messages made to spokesperson remain unanswered.

Ashok Leyland has cutting edge technology Electric Vehicle facility at the Ennore plant, which is the country's first integrated facility for design, prototyping, testing, process prototyping, and solutions design.

The company had announced in June and July that it was temporarily closing down its facility in Pantnagar in Uttarakhand for six days to trim production due to slack demand.

The slowdown in the automotive industry has forced many manufacturers and component suppliers to reduce production and plan temporary plant closure.

Chennai: A section of employees at Ashok Leyland continued their stir for the second day here on Saturday, demanding an increase in bonus, while the company announced an employee separation scheme at the executive level due to the slowdown in the automobile sector.

"We are continuing our protest. The Management has declared non-working days till Monday. We will continue our protest till they come forward for an amicable solution", sources at the Ashok Leyland Employees Union said Saturday.

The Union had demanded a 10 per cent hike in bonus, while the management offered five per cent, which was not acceptable, they said.

Union sources said if the management does not take a call on the issue 'amicably' they would be forced to intensify their stir next week by going on a hunger strike.

"As of now, 1,800 employees (operating in two shifts) are participating in the strike. We expect the employees working in those factories (of Ashok Leyland) in the Southern region to join us on Tuesday", he said.

Meanwhile, in a recent notice to employees, the Hinduja Group flagship company said it has come out with two schemes--- a Voluntary Retirement Scheme and an Employee Separation Scheme (ESS) for those employees not eligible for VRS.

The schemes were announced at the executive level, sources said.

Read more: PM Modi launches RuPay Card in Bhutan

Under the ESS, the compensation payable to an executive under 'A' category will be Rs 30 lakh or lower, while in the 'B' category, it will be Rs 60 lakh and above.

"An executive who opts for separation under ESS will be eligible for a lump sum compensation", the notice said.

In addition to the compensation announced, the executives will be eligible for various terminal benefits, it said.

Comments from the company could not be obtained as calls and messages made to spokesperson remain unanswered.

Ashok Leyland has cutting edge technology Electric Vehicle facility at the Ennore plant, which is the country's first integrated facility for design, prototyping, testing, process prototyping, and solutions design.

The company had announced in June and July that it was temporarily closing down its facility in Pantnagar in Uttarakhand for six days to trim production due to slack demand.

The slowdown in the automotive industry has forced many manufacturers and component suppliers to reduce production and plan temporary plant closure.

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Ashok Leyland employees continue stir; VRS&ESS scheme unveiled
Chennai, Aug 17 (PTI): A section of employees at Ashok
Leyland continued their stir for the second day here Saturday,
demanding an increase in bonus, while the company announced an
employee separation scheme at the executive level due to the
slowdown in the automobile sector.
"We are continuing our protest. The Management has
declared non-working days till Monday. We will continue our
protest till they come forward for an amicable solution",
sources at the Ashok Leyland Employees Union said Saturday.
The Union had demanded 10 per cent hike in bonus, while
the management offered five per cent, which was not
acceptable, they said.
Union sources said if the management does not take a call
on the issue 'amicably' they would be forced to intensify
their stir next week by going on a hunger strike.
"As of now 1,800 employees (operating in two shifts) are
participating in the strike. We expect the employees working
in those factories (of Ashok Leyland) in Southern region to
join us on Tuesday", he said.
Meanwhile, in a recent notice to employees, the Hinduja
Group flagship company said it has come out with two schemes
--- a Voluntary Retirement Scheme and an Employee Separation
Scheme (ESS) for those employees not eligible for VRS.
The schemes were announced at the executive level,
sources said.
Under the ESS, compensation payable to an executive under
'A' category will be Rs 30 lakh or lower, while in the 'B'
category, it will be Rs 60 lakh and above.
"An executive who opts for separation under ESS will be
eligible for a lump sum compensation", the notice said.
In addition to the compensation announced, the executives
will be eligible for various terminal benefits, it said.
Comments from the company could not be obtained as calls
and messages made to spokesperson remain unanswered.
Ashok Leyland has cutting edge technology Electric Vehicle
facility at the Ennore plant, which is the country's first
integrated facility for design, prototyping, testing, process
prototyping and solutions design.
The company had announced in June and July that it was
temporarily closing down its facility in Pantnagar in
Uttarakhand for six days to trim production due to slack
demand.
The slowdown in the automotive industry has forced many
manufacturers and component suppliers to reduce production and
plan temporary plant closure. PTI VIJ
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Last Updated : Aug 17, 2019, 7:34 PM IST
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