Consequent upon the Madras High Court Order last year, handling of iron ore and coal was shifted to Ennore Port; this has resulted, it is said, in rendering about 5000 employees superfluous. As a strategy to face out the financial strain, Chennai Port Trust proposed a Voluntary Retirement Scheme, a common practice in governance and administration under such circumstances, for Class I, II, III and IV employees and the Shipping Ministry approved the proposal and it also suggested that the Chennai Port Trust may adopt the terms and conditions as evolved by Visakhapatnam Port Trust. The Ministry also informed the Chennai Port Trust that the vacancies created after implementing the VRS would be deemed to have been abolished not requiring any more appointment. It is suggested that those employees handling the coal and the iron ore might be given priority from among the employees considered redundant. Another important matter is that those who have just less than five years of service only must be offered the VRS. In such cases, the compensation should be either less or equal to what the employee might have received at superannuation; however, the details might be discussed and decided by the board. The decisions must be so taken that the overall savings after the implementation must be more for the port. The Ministry expects the Port Trust to send the implementation report to it at the earliest. As might be expected, it is said that the representatives of various unions on the board do not favour the VRS.
Friday, 31 August 2012
VRS under consideration for the Chennai Port Employees
Consequent upon the Madras High Court Order last year, handling of iron ore and coal was shifted to Ennore Port; this has resulted, it is said, in rendering about 5000 employees superfluous. As a strategy to face out the financial strain, Chennai Port Trust proposed a Voluntary Retirement Scheme, a common practice in governance and administration under such circumstances, for Class I, II, III and IV employees and the Shipping Ministry approved the proposal and it also suggested that the Chennai Port Trust may adopt the terms and conditions as evolved by Visakhapatnam Port Trust. The Ministry also informed the Chennai Port Trust that the vacancies created after implementing the VRS would be deemed to have been abolished not requiring any more appointment. It is suggested that those employees handling the coal and the iron ore might be given priority from among the employees considered redundant. Another important matter is that those who have just less than five years of service only must be offered the VRS. In such cases, the compensation should be either less or equal to what the employee might have received at superannuation; however, the details might be discussed and decided by the board. The decisions must be so taken that the overall savings after the implementation must be more for the port. The Ministry expects the Port Trust to send the implementation report to it at the earliest. As might be expected, it is said that the representatives of various unions on the board do not favour the VRS.
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