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Escorts-Union sign agreement on employee welfare

06 Sep 2013 Evaluate

Escorts, India’s leading tractor manufacturer, has signed a long term agreement with employees' union on for the period 2013-16. The agreement has a host of measures that ensure continued growth and welfare for employees and is an essential component of the future strategies of the company. The new agreement offers a range of welfare measures including housing, healthcare, family benefits and loan assistance for employees apart from agreeing on various compensation and increment parameters.

Escorts offer a comprehensive range of tractors with more than 45 variants starting from 25 to 80 HP. The company also manufactures and markets a diverse range of equipments like cranes, loaders, vibratory rollers and forklifts.

Peers
Company Name CMP
Escorts Kubota 2856.45
VST Tillers Tractors 4466.15
Indo Farm Equipments 138.25
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