Business Daily from THE HINDU group of publications Saturday, Sep 01, 2007 ePaper |
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Logistics
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Human Resources Productivity linked rewards for port & dock employees
Our Bureau New Delhi, Aug. 31 About 66,000 port and dock employees would get productivity-linked-rewards (PLRs) of up to Rs 6,000 on September 1 for the fiscal 2006-07. “The PLR for the year 2006-2007 is due for payment on or before September 1, 2007. The Indian Ports Association has made the computation of PLR for the year 2006-2007 as per the agreed performance parameters and methodology and the PLR percentage is arrived at 21.38 per cent, subject to the maximum ceiling of 20 per cent (of the salary),” Mr T.R. Baalu, Minister for Shipping, Road Transport and Highways, said. Financial Implications
He added that the maximum payment per employee will be Rs 6,000. This will benefit about 66,000 port and dock workers, employees and officers and the financial implications will be about Rs 40 crore. The expenditure on account of PLR shall be met by the Major Port Trusts and Dock Labour Boards from their own resources, without budgetary support from the Government. The port and dock workers of Major Ports and Dock Labour Boards are not covered by the Payment of Bonus Act, 1965. They are paid PLR instead. A new PLR scheme, for 2002-03 to 2009-10, was evolved by the Indian Ports Association. Joint Reference
In the new scheme, there are three parameters—average turnaround time of ships with weightage of 30 per cent, average ship berth day output with weightage of 35 per cent and unit cost of handling with weightage of 35 per cent. A new settlement was signed between the port management and federations on the new PLR Scheme on April 10, 2007.
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