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    QONEQT in Ford Motor

    11-Sep-2022 12:35 PM


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    Ford employees hope for better severance package at tripartite meeting on September 13

    Employees at the factory of auto major Ford here have set their expectations for a positive outcome on the tripartite talks scheduled to be held next week to discuss the severance package offered by the USbased automobile manufacturer

    The development comes in the backdrop of the recent announcement by Ford India which had said that it has continuously made efforts to negotiate a fair and reasonable severance package with the union spanning 68 meetings including discussions with senior government officials soon after the companys business restructuring exercise was announced in September 2021

    Maintaining that the company always cared for its employees Ford said its attempts to negotiate a fair severance package did not yield results because of the unions unreasonable demands Responding to it Ford India Employees Union representatives said the company has left out the tax deduction on the severance package as the employees would be receiving a meagre amount despite serving for several years

    The factory has been shut since August 31 and so far no employees are present at the unit now Only businesses like after sales service sale of parts are being done now We are not even allowed to enter the factory They are just asking us to accept the offer they have made a union representative told PTI They have also sent a copy of the severance package settlement as a courier to the residences of the employees so that the family will also accept it an employee who has been serving for 19 years at the Maraimalai Nagar factory situated about 50 kilometres from here said

    On the severance package he said very few senior employees would receive a good package of about Rs 80 lakh and for people like us who had served for nearly 20 years around Rs 44 lakh but these amounts are without the deduction of taxes Our main point is that the severance package announced by the company is not acceptable We are discussing on September 13 in the presence of district labour authorities on these issues the employee said
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    Source:- Moneycontrol