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Employees Arrears Payment : Good news for employees, arrears will be paid in the first week of September, up to Rs 7 lakh will come into the account, bonus will be available in October!

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There is good news for the employees. They will be paid arrears of 23 months in the first week of September. Along with this, an amount ranging from Rs 2 lakh to Rs 7 lakh will be seen in his account. Not only this, in the month of October, they can be given a benefit of up to 80 thousand rupees as a bonus.


Employees, Coal Employees Bonus, Arrears payment: There is good news for the employees. They will be paid bonus soon. A meeting will be organized for this. Important decisions can be agreed upon in the meeting. Tell that last year more than 76000 amount was made available to the employees as bonus. It is believed that this time the bonus amount can reach up to Rs.80,000.

Payment of Bonus as Performance Link Reward

Bonus is paid to the employees as a performance linked reward. Prior to this, under the National Coal Wage Settlement 11, coal workers will be paid arrears of 23 months in lump sum. There can be a big increase in the salary of the employees in the months of September and October. State the arrears of 23 months where payment will be made in the month of September. The same bonus will be paid in October.

When will the arrears be paid?

The next two months are going to be very beneficial for the coal workers. In the form of arrears, coal workers can be given benefits ranging from Rs 2 lakh to Rs 7 lakh. Under the wage settlement, he has to pay the outstanding arrears of 23 months. The orders for payment of arrears to all subsidiary companies have been issued by the General Manager of Coal India Limited. Arrear seat has also been downloaded on ERP. The arrears of 23 months will be paid along with the salary in the first week of September itself.

Meeting in october on bonus issue

As the same bonus, the employees are expected to get up to 80000. Bonus will be paid just before Durga Puja. The meeting on the bonus issue will be held in October. Earlier in 2022, 76500 were made available to the employees as bonus. This time it is expected to get Rs 80,000 bonus. The same arrears and bonus will now be due to 2.38 lakh coal workers.

How much has the amount of bonus increased in 10 years?

  • 26000 rupees were made available as bonus to the employees in 2012
  • 31500 were awarded as bonus in 2013
  • In 2014, the employees got Rs 40,000 as bonus whereas
  • 48500 was paid in 2015.
  • 54000 in 2016 while
  • 57000 were received as bonus in 2017
  • 60500 employees got bonus in 2018
  • 64700 were paid as bonus to the employees in 2019 while
  • In 2020, the employees received 68500 as bonus.
  • In 2021, the bonus of the employees increased to 72500 whereas
  • 76500 bonus was paid to him in 2022.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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