CMA signs wage agreement; 33% pay rise for cement workers

India’s Cement Manufacturer’s Association (CMA) has signed a wage agreement with the National Federation of Trade Unions, which will mean a pay rise for workers at 20 companies across the country. These 20 companies have 85 cement plants and will increase workers’ wages by 33%. There will also be back pay, paid in two instalments, for the last 16 months. According to reports, this is the seventh national-level settlement in cement worker pay since 1989. This current wage agreement will be valid for four years and dates back to April 2014.

Edited from various sources by Katherine Guenioui

Sources:

• Financial Express
• The Hindu
• IIFL

Read the article online at: https://www.worldcement.com/asia-pacific-rim/10082015/cma-signs-wage-agreement-pay-rise-for-cement-workers-292/