compensation policy.docVIP

Compensation Policy OBJECTIVE: To provide for a uniform, stable and reasonably competitive compensation structure for all employees. GRADES DESIGNATIONS To rationalise the compensation policy, positions are classified into grades. The grades and respective designations are as below: GRADE DESIGNATION Executives M.D, C.O.O, President, Sr. V.P, V.P M-10 Sr. General Manager M-9 General Manager M-8 Dy. General Manager M-7 Sr. Manager M-6 Manager M-5 Dy. Manager M-4 Asst. Manager M-3 Executive M-2 Sr. Officer M-1 Officer GET Graduate Engineer Trainee Tr. Officers Trainee Officers