MONTHLY REMUNERATION RECEIVED BY EACH OF HAL OFFICERS AND
EMPLOYEES, INCLUDING THE SYSTEM OF COMPENSATION AS PROVIDED IN ITS REGULATIONS.
The remuneration payable to Executives of the Company is governed by the Guidelines issued by the Department of Public Enterprises (DPE), Government of India.
The remuneration payable to Workmen are fixed through negotiations with the recognised Trade Unions of Workmen, in accordance with the Guidelines issued by the Department of Public Enterprises, Government of India.
The Scales of Pay effective from 1.1.07 are given below:
EXECUTIVES
WORKMEN
SCALE SCALE OF PAY 1 6500-17510 2 7000-20000 3 7500-22070 4 8250-23490 5 8750-25670 6 9250-27170 7 9750-28630 8 10200-30740 9 11200-31780 10 12000-32120 SS* 12600-32500 GRADE SCALE OF PAY GENERIC DESIGNATIONS I 12,600-32,500 Assistant Engineer/Assistant.Officer II 16,400-40,500 Engineer/.Officer III 20,600-46,500 Deputy Manager IV 24,900-50,500 Manager V 29,100-54,500 Senior Manager VI 32,900-58,000 Chief Manager VII 36,600-62,000 Deputy General Manager VIII 43,200-66,000 Additional General Manager IX 51,300-73,000 General Manager/Chief Designer/Chief of Project X 62,000-80,000 Executive Director SCH-B 75,000-1,00,000 Managing Director/Director SCH-A 80,000-1,25,000 Chairman * introduced w.e.f. 1.3.08
Note: In addition to the Basic Pay payable as per the Scales of Pay indicated above, employees are eligible for payment of Dearness Allowance; accommodation in Company Quarters on nominal rent or payment of House Rent Allowance; other Allowances/Benefits; Performance Related Pay/Productivity Incentives; Leave; Free Medical facilities; Canteen Facilities; Superannuation Benefits; other Welfare facilities; etc, as per Companys Rules.