PSUs demanded independent pay stucture

There is a lot of money at Indian PSUs now. The government salary is too low in comparison to other private sectors. But profit of PSU is almost same to equivalent private sector. There is very high demand of talented and skilled man power in PSUs to retain the high growth . But they are unable to attract suitable people because of low salary.

So now PSUs are demanding independent pay structure from government. Sixth pay commission report also recommended it.

If this will be approved by government, all PSUs can independently fix perks and various allowances for its employees same as Private sector. Government will not have to pay for it. This extra cost will be paid by PSUs from their profits.

People working in PSUs will find soon lot of differences in salary because of variable pay and perks.

Above is the latest news about sixth pay commission in april 2008