Monthly remuneration received by each of MIDHANI Officers and Employees including the system for compensation as provided in its regulation
The present scales of pay are given below:
I(a) EXECUTIVES (Below Board Level)
II. NON-EXECUTIVES
Grade
Scale of Pay (Rs)
Wage Group
Scale of Pay (Rs)
I
12600-3%-32500
0
6600-3%-16310
II
16400-3%-40500
1
7300-3%-17940
III
20600-3%-46500
2
7750-3%-19040
IV
24900-3%-50500
3
8350-3%-20470
V
29100-3%-54500
4
8500-3%-20850
VI
32900-3%-58000
5
9150-3%-22450
VII
36600-3%-62000
6
9350-3%-22890
VIII
43200-3%-66000
7
10000-3%-24470
I(b) EXECUTIVES (At Board Level)
8
10550-3%-29950
Sch. B
75000-3%-90000 (C&MD)
9
10950-3%-31050
Sch. C
65000-3%-75000 (Directors)
10
11350-3%-32240
11
11750-3%-33360
III.Junior Executives (E0)- Non-Unionized Supervisory CadreScale of Pay : 12250-3%-3100
NOTE: In addition to the above pay scales Dearness Allowance, House Rent Allowance,Provident Fuund, Productivity Incentives,Group Insurances and Perks are also given as per Company rules.
Last Updated :
7-12-2011
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