Renault Nissan says committed to offering a competitive package to employees
Renault Nissan says committed to offering a competitive package to employees
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CHENNAI: Justice P Jyothimani,  the Arbitrator and former judge of the Madras High Court has directed Renault Nissan Automotive India to pay its workers additional wages, whereby 3,542 workers of Renault Nissan Automotive India Private Ltd will get an interim relief pending wage settlement.

The total outgo for the company as interim relief will be Rs 70.84 crore. As per the order, each of the 3,542 workers of Renault Nissan Automotive will be paid an interim relief of Rs 10,000/month for the period between April 1, 2019 and March 31, 2020 and Rs 5,000/month between April 1, 2020 and July 31, 2021. The company was ordered to pay the wage arrears in three equated monthly installments to the workers starting October this year. The workers had demanded an interim relief of Rs 20,000/month while the company had offered a lump sum of Rs 100,000 to each of the 3,542 workers, which amounted to Rs 35.42 crore.

The earlier wage agreement between the workers represented by Renault Nissan India Thozhilalar Sangam (RNITS) and the company management ended on March 31, 2019. Renault Nissan Automotive India is the car production joint venture between French company Renault and Japan's Nissan Motor Company.

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