Performance bonus for FY18 to cost Coal India Rs 1,600 crore

Coal India has to shell out Rs 1,500-1,600 crore towards performance linked bonuses for its 2.9 lakh employees, a top company official said Friday.

“The outgo will be between Rs 1,500-1,600 crore for us on account of performance bonus for non executive employees,” Coal India director (Personnel) R P Srivastava told PTI.

The Standardization Committee of JBCCI X has unanimously agreed to pay Rs 60,500 per employee on pro-rata basis to the Non-Executive Cadre Employees of Coal Ind ..



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