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Labor Unrest at Tata Motors Plant and the Long Term Wage Settlement Agreement |
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INTRODUCTION |
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On June 9, 2017, Tata Motors Limited (Tata Motors) headquartered in Mumbai, India, announced that it had signed a long term wage settlement (LTS) agreement with the workers union at its Sanand plant, Gujarat, India. The wage settlement agreement was for a period of five years from October 2015 to September 2020 and the total wage package of Rs 16,000 per month for each permanent employee was to be uniformly distributed during the LTS period. The wage agreement included a performance linked payment on the basis of productivity of the employees, safety of the plant resources, and quality of workmanship. Other benefits under the agreement were extension of canteen and transport facilities, and a block closure of 24 days annually... |
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