Here we have a 3-year term settlement for salary revision. The company runs on a 7-day production system. We will have one day of rest on the 7th day (off day) each week in a staggered manner. It will be neither Sunday nor any other day. (This year, my weekly off day is on Thursday, and it will move to the next day next year starting from January 26).
Piece-Rate System and Earnings
Employees (workers) are working on a piece-rate system in the 1st, 2nd, 3rd, and 4th grades and should receive Rs 281, 271, 261, and 205, respectively, for one day (8 hours). The IE department has set a schedule for each production for 8 hours, and workers should receive a production piece-rate based on their performance (it will vary for each product). The average earning of a 3rd-grade worker is Rs 330-340. Moreover, here we receive Variable DA. 6 paisa per day per point above and beyond 100 points of the consumer price index number published by the Directorate of Economics & Statistics, Government of Kerala (1998-99 = 100 points multiplied by the linking factor of...