PTCL Announced Annual Salary Increase and Bonus
Lahore (Breaking News / Tuesday, March 11, 2014) – Pak Telecom Co. Ltd. (PTCL) has announced annual pay increase and bonus for it employees.
PTCL was privatized in 2006 by the previous federal government of Pervaiz Musharraf. It was purchased by UAE telecommunication firm Etisalat. PTCL new management gave all salaried increase to its employees as per Govt. of Pakistan announcement till 2010. After that PTCL management has introduce its own policy in this regard.
PTCL’s regular employees having BPS scales are still receiving pays on Basic Pay Scales 2008. Their pay scales are not revised in 2011. They are demanding for this right for last three years but PTCL management is continuously ignoring.
Annual Salary Increment
Now PTCL has announced increase in Salaries of Employees for all pay groups including Regular, NTC and NCPG. The net increase will be in a allowance not in Basic pay.
PTCL has also announced annual bonus for workers. The minimum Bonus will be eleven thousand rupees. The maximum bonus rate will be equal to double basic pay. It is worth mentioned here that PTCL has earned 16 billions profit in last year 2013.
Almost half employees will not receive bonus of more than Rs. 11000.
Notifications of Bonus and Salary Increases are given Bellow:-