Hero MotoCorp inked 3-year wage agreement with Gurgaon workers

Posted on:06 Jul 2016 09:37:12
Hero MotoCorp inked 3-year wage agreement with Gurgaon workers
06 July 2016 Current Affairs: Country’s largest two-wheeler maker Hero MotoCorp Ltd. (HMCL) has inked a wage settlement pact with its permanent workers at Gurgaon Plant, entailing a hike of 12500 rupees spread over three years.

The three-year agreement will be implemented with retrospective effect starting from 1 August 2015 till 31 July 2018. The previous wage settlement was effective from 1 August 2012 to 31 July 2015.Hero MotoCorp employs about 1400 permanent employees at its Gurgaon facility.

Hero MotoCorp : Hero MotoCorp Ltd. (formerly Hero Honda Motors Ltd.) based in India is the world's largest manufacturer of two – wheelers.

In 2001, the company achieved the coveted position of being the largest two-wheeler manufacturing company in India and also, the 'World No.1' two-wheeler company in terms of unit volume sales in a calendar year. Hero MotoCorp Ltd. continues to maintain this position till date.

Hero MotoCorp two wheelers are manufactured across 4 globally benchmarked manufacturing facilities. Two of these are based at Gurgaon and Dharuhera in Haryana and one each at Haridwar, Uttarakhand and Neemrana, Rajasthan.

Monthly Current Affairs

Current Affairs Section

Daily Current Affairs Quiz

Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs October 2017

17 OCTOBER
NEWS
16 OCTOBER
NEWS
15 OCTOBER
NEWS
14 OCTOBER
NEWS

Current Affairs September 2017

30 SEPTEMBER
NEWS
28 SEPTEMBER
NEWS
27 SEPTEMBER
NEWS
26 SEPTEMBER
NEWS

Current Affairs August 2017

31 AUGUST
NEWS
30 AUGUST
NEWS
29 AUGUST
NEWS
28 AUGUST
NEWS