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    Session 9-Preparation of Charter of Demands

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    Dhrithikl
    This document outlines a proposed charter of demand for a labor union settlement. It includes provisions around the duration of the settlement, coverage, wages and allowances such as a company performance allowance tied to value added. It also covers benefits and facilities like housing loans, leaves, overtime pay, medical insurance and checkups, gratuity and more. The union reserves the right to modify demands based on negotiations.

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    Session 9-Preparation of Charter of Demands

    Uploaded by

    Dhrithikl
    503 views9 pages
    This document outlines a proposed charter of demand for a labor union settlement. It includes provisions around the duration of the settlement, coverage, wages and allowances such as a company performance allowance tied to value added. It also covers benefits and facilities like housing loans, leaves, overtime pay, medical insurance and checkups, gratuity and more. The union reserves the right to modify demands based on negotiations.

    Original Description:

    Charter of Demand for Union Wage Settlement - Guidelines

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    This document outlines a proposed charter of demand for a labor union settlement. It includes provisions around the duration of the settlement, coverage, wages and allowances such as a company performance allowance tied to value added. It also covers benefits and facilities like housing loans, leaves, overtime pay, medical insurance and checkups, gratuity and more. The union reserves the right to modify demands based on negotiations.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    503 views9 pages

    Session 9-Preparation of Charter of Demands

    Uploaded by

    Dhrithikl
    This document outlines a proposed charter of demand for a labor union settlement. It includes provisions around the duration of the settlement, coverage, wages and allowances such as a company performance allowance tied to value added. It also covers benefits and facilities like housing loans, leaves, overtime pay, medical insurance and checkups, gratuity and more. The union reserves the right to modify demands based on negotiations.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 9

    Preparing Charter of Demand

    Arvind Shrouti,Option Positive

    Preparation Of Charter

    Duration of the Settlement:


    Coverage
    Fixed or Unlinked Rise
    Variable Dearness Allowance:
    Productivity Improvement Linked Scheme:

    Arvind Shrouti,Option Positive

    Company Performance Allowance

    This allowance shall be applicable to all workmen covered by proposed


    settlement. This benefit shall be based on value addition of the company
    every Quarter. This benefit should be paid at the rate of 2% of the Value
    Addition per quarter. This benefit shall be disbursed equally to all workmen
    for that quarter. The modality of this allowance is given below.
    Value Addition shall be calculated based on following formula:
    Value Addition = Income Non-factor expenditure
    Here factor expenditure means all employees cost, interest, depreciation,
    corporate tax, etc. and therefore shall not be considered while calculating
    Value Addition. In other words all manufacturing & other expenses excluding
    personnel cost, interest and depreciation be considered as non-factor
    expenditure.
    This rise will be fluctuating rise based on the over all performance of the
    Company and indicator of the performance shall be value addition of the
    company.
    Arvind Shrouti,Option Positive

    Illustration of the Company Performance Sharing Benefit:

    Calculations for the Quarter "X

    Value Addition for the Quarter X = 103 million


    Therefore the share of the covered employees shall be @ 2% = 2.07 million
    for that quarter and shall be distributed equally to all covered workmen.
    = 2.07 million /255 workmen= 8122 per workman per quarter or 2707 per
    workman per month.

    The quarterly calculations of the value addition shall be scrutinized and


    finalized by the team of management representatives & worker
    representatives. All this information should be available to the said team
    well in advance. In case of dispute a mutually agreed arbitrator should be
    appointed.

    Arvind Shrouti,Option Positive

    BENEFITS AND FACILITIES:


    Housing Loan:
    Festival Advance:
    Educational Loan:
    Vehicle Loan:
    Death Relief Fund:
    Arvind Shrouti,Option Positive

    Mediclaim (Hospitalization) Insurance Policy:


    Medical Reimbursement:
    Canteen & Transport:
    Overtime Payment: Overtime should be paid as
    follows:

    Normal Overtime Double the wages


    Overtime on weekly off Double the wages + 1
    compensatory off

    Note: Here wages means Gross Wages i.e.


    including allowances and not just Basic Pay and
    D.A.
    Arvind Shrouti,Option Positive

    Union Office & Time Off


    Leave: The Leave structure should change as
    follows :

    CL: Each workman should be entitled to get 12 Casual


    leaves in every calendar year.

    SL: Sick Leave should be given 15 days per annum.


    Paid Holidays: Paid Holidays should be given 10 days
    per annum. The holidays should be discussed & finalized
    with the union.
    PL: The existing table should continue, but all official
    leaves including weekly off should be considered as
    worked days.
    Arvind Shrouti,Option Positive

    Training:
    Promotion Policy for Bargainable
    Employees:
    Medical Check-Up:
    Gratuity:
    Contract Labour:.
    Union reserves their rights to add,
    deletes, and modify the said demand in
    the view of facts and issues revealed in
    the course of negotiations or otherwise.
    Arvind Shrouti,Option Positive

    THANK YOU

    Arvind Shrouti,Option Positive

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