News: 780 accept VRS at Tata Steel as firm tries to lower employee costs

Employee Engagement

780 accept VRS at Tata Steel as firm tries to lower employee costs

Mumbai: Some 780 employees have accepted Tata Steel Ltd’s newly introduced voluntary retirement scheme (VRS), which is part of an attempt by the company to lower employee costs from 12-15% of production cost to less than 10% in the next few years.

Mumbai: Some 780 employees have accepted Tata Steel Ltd’s newly introduced voluntary retirement scheme (VRS), which is part of an attempt by the company to lower employee costs from 12-15% of production cost to less than 10% in the next few years.

Read this story on Live Mint here

Read full story

Topics: Employee Engagement, #Corporate

Did you find this story helpful?

Author


QUICK POLL

How do you envision AI transforming your work?

Be Heard: Share Your Feedback and Recommend Our Content!

01
10
Selected Score :