Tata Motors Passenger Vehicles Ltd.

Tata Motors has resolved a long-pending wage settlement dispute with workers at its Sanand plant by agreeing to give each permanent employee a Rs 16,000 hike. This will be a fixed wage till 2020.

The long-term wage settlement (LTS) between the Tata Motors Sanand Union and Tata Motors was amicably agreed upon and has been signed for five years with effect from October 2015 to September 2020. The company has also introduced a performance-linked payment, which is accounted as 10 per cent of total salary, and will be linked to productivity, quality and safety.

Additionally, other benefits such as transport and canteen facilities and various other facilities, including rationalisation of leave rules and block closure days up to 24 days per year, were mutually agreed.