About 2,500 employees to get PRP from ₹1-5 lakh
After the workers of Singareni Collieries Company Ltd (SCCL) got ₹539 crore as bonus in October last from its profits made during the last fiscal and also performance linked pay as Deepavali bonus, the management has now decided to give the performance related pay (PRP) after getting the nod from Chief Minister K. Chandrasekhar Rao.
According to officials of the coal company, an amount of ₹111 crore would be paid to about 2,500 employees of SCCL soon, for their performance in 2018-19. The Chief Minister gave his nod for PRP payment on Wednesday. Chairman and Managing Director of the company N. Sridhar thanked the CM on behalf of the officials.