Government rejects Coal India execs’ demand for pay parity
KOLKATA:The government has rejected the demand of 20,000 Coal IndiaNSE 0.13 % executives that the company’s pay scale should be the same as that of some other state firms such as Oil and Natural Gas CorporationNSE 0.92 % (ONGC), Indian Oil CorporationNSE -1.48 % (IOC) and Bharat Petroleum CorporationNSE 0.47 % Limited (BPCL). The government has said that current salaries are in line with guidelines of the department of public enterprises (DPE).
It has also asked Coal India to ensure that salaries of workmen do not exceed that of executives. Many senior workers are getting paid more than some executives because the company revises the salaries of workmen more frequently.
