There has been a wave of happiness for the employees of this company. Actually, the company has announced bonus for its employees. In such a situation, the employees have got a chance to celebrate Diwali even before Diwali. Let us know how much bonus the company will give to its employees this time…
Tata Steel Share Price: In companies people work according to salary. At the same time, in many companies, employees also get bonus during Diwali. In this sequence, before Diwali, a company has announced a bumper bonus for its employees. This company is Tata Steel, which has announced a bonus of more than Rs 300 crore for its employees, due to which the faces of the employees have also blossomed.
Tata Steel
Private steel company Tata Steel announced a total payment of Rs 314.70 crore as annual bonus to employees for the year 2022-2023 after signing a memorandum of understanding with the Tata Workers Union (TW). According to a statement issued by the company on Monday, under the MoU, the total amount paid as annual bonus to the eligible employees of all the relevant divisions of the company will be Rs 314.70 crore.
Sign agreement
The minimum and maximum annual bonus payable for the year 2022-23 will be Rs.42,561 and Rs.4,61,019 respectively. According to the release, in the presence of Jamshedpur Deputy Labor Commissioner Rakesh Prasad, Chief Executive Officer (CEO) and Managing Director TV Narendran, Vice President (HRM) Atreyi Sanyal and other senior officials on behalf of the management and Chairman Sanjeev Kumar Choudhary, General Secretary Satish Kumar Singh, TWU and other office bearers signed the memorandum of understanding on behalf of the union.
Tata steel share price
At the same time, the share price of Tata Steel is still at its all-time high and a rise in the share price is also being seen. On September 5, the share price of Tata Steel remained above Rs 130. On the other hand, the 52 week high price of Tata Steel stock is Rs 132.90 on NSE and its 52 week low price is Rs 95.
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