Nokia India signed its first wage revision pact with the ruling DMK’s union in Tamil Nadu, the Labour Progressive Federation (LPF), as a result of which over 5,000 employees of the cell-phone maker here will see their salaries go up by Rs 1,500 to Rs 3,300 per month.
It is crucial for Nokia to ensure that its operations run smoothly in Tamil Nadu as its plant at Sriperambadur near Chennai is now the company’s largest manufacturing facility in the world.
The tripartite agreement ( 12( 3) reached last week between Nokia workers’ progressive union, affiliated to LPF and the management before the deputy commissioner of labour, provided for increasing the monthly canteen allowance to Rs 1000 from Rs 850 and paying a night shift allowance of Rs 20, which will fetch Rs 200 for 10 shifts in a month.
The revision has come a boon to employees, mainly hailing from nearby rural centres as they will get arrears for the last nine months. Nokia has also agreed to pay a bonus of 8.33 % ( one month wage) to employees. The Finnish mobile handset maker major has set up its largest electronic hardware manufacturing unit on 210.87 acres allotted at Sipcot industrial park, Sriperambadur. The State Government has also extended a structured package of assistance to the MNC.
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