Car main Ford India has elevated the equal common days in its severance bundle supply from the sooner 115 days to 121 days for workers who’re supporting manufacturing on the Chennai plant, in a bid to make sure well timed settlement for all workers by July 31.
The firm has requested the employees’ union to interact in a dialogue with none pre-conditions.
In an announcement to workers, Ford India stated it appreciates staff who’ve supported manufacturing since June 14, primarily based on which Ford has prolonged the manufacturing schedule until July-end.
The firm had additionally introduced that it will shield the wages and employment of these workers who’re reporting to work/ supporting manufacturing till July. It had earlier stated that for workers persevering with to be on an “illegal strike”, lack of pay stays in impact since June 14.
The firm had scheduled to shut the manufacturing facility by the tip of the second quarter of 2022, that’s by June 30, as a part of its India manufacturing exit plan.
The firm stated it stays dedicated to reaching a good and balanced final result on the severance bundle. “The company looks forward to a constructive discussion with union office-bearers to ensure a timely severance package settlement for all employees achieved by July 31, 2022, and remains grateful to Tamil Nadu government’s labour office for their continued guidance and support,” the assertion stated.
The Ford administration had provided a compensation bundle with 115 days’ gross wages for every accomplished yr of service. The firm had claimed this is able to be considerably larger than the statutory severance bundle or 15 days’ wages for every accomplished yr of service.
However, solely round 50% of the two,700-odd workers on the Chennai plant opted for the bundle, whereas the remaining continued the strike which began when Tata Motors determined to take over Ford’s Sanand plant on the finish of May. The staff resorted to a sit-in strike for nearly two weeks searching for a greater compensation bundle within the occasion of the plant’s closure.
On June 9, Ford got here out with the compensation bundle and prolonged the deadline to simply accept it from June 14 to June 18, whereas partially resuming manufacturing of the EcoSport for the export market.
The bundle contains an ex gratia quantity equal to 87 days of final drawn gross wages (May 2022) and a set quantity of `50,000, each for each accomplished yr of service. In addition, advantages equal to a lump sum quantity of `2,40,000 and continuation of present medical insurance coverage till March 2024 had been provided. The cumulative quantities for the parts might be topic to a minimal of `30 lakh and a most cap of `80 lakh.
Source: www.financialexpress.com”