Wage revision clause in settlement proposal worries BPCL employees

Staffers fear the new owner of to-be-privatised firm will move to lower wages

Employees of Bharat Petroleum Corporation (BPCL) are concerned about the company’s long-term settlement proposals.

According to employee association leaders, the proposed long-term wage agreement has a three-yearly revision clause, which is a subject of contention. 

“With the privatisation of BPCL appearing inevitable, there are worries that the new promoter (whoever it is) would soon move to lower wages. The long-term wage agreement proposed by the management calls for a three-yearly review of salaries. This is a deviation from the 10-yearly review in the earlier long-term wage agreements,” a representative from a BPCL employee union said.

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