Showing her generosity Chief Minister Vasundhara Raje on Wednesday announced to pay bonus to employees of the State Road Transport Corporation (RSRTC) who were earlier denied by their Governing Council, an official spokesman said.
In an effort to boost their moral ahead of possible Assembly polls, Delhi Congress on Wednesday offered its employees a bonus of two months salary as a "Diwali gift", in first such financial assistance in the last 15 years.
Over 12.60 lakh non-gazetted
Railway employees will benefit from a decision by the Union
Cabinet today to give the highest ever Productivity Linked
Bonus (PLB) equivalent to 78 days` wages to them this festival
India, Latin America and Africa must be taken on board while framing the rules for globalisation in the post-economic crisis scenario, French President Nicolas Sarkozy said at WEF`s annual meeting here.
Notwithstanding their cost-cutting drives to survive the downturn, some of the biggest banks in the US and Europe have so far set aside close to USD 300 billion for employee compensation and benefits this year.
Faced with a strike threat by its pilots, Air India paid a month`s incentives and allowances to its 30,000 employees as it prepares for a crucial meeting of its Board tomorrow to decide on major cost-cutting initiatives.