Page 10 - MESCO Newsline 11th Edition

-MESCO Newsline------------------------------------------

Declare of Pay Revision by

MISL Management:

Employees with Joyful Hearts are Enthusiastic

ideast Integrated Steels Ltd is one of the premier steel
M making plant in the state of Odisha. MISL is the Flagship

Company of the Mesco Group and full filled the dream of
veteran leader and Ex-Chief Minister of Odisha Late Biju Pattanaik
and established the Plant in Kalinganagar in the year 1992. This
project is regarded not only a mile stone in Steel Industries of
Odisha but also acted as a catalyst to the social and economic
development of the locality.
Most of the employees are displaced persons having no
knowledge of Steel making at the initial period. It was a great challenge
for the Management as well as employees. They were trained
In- house and with the passage of time, they became the most
valued Human Recourses of Kalinganagar. A committed work force
with determination, MISL has so far sustained all the ups and downs of
Steel market from time to time.
MISL has a concern for the displaced families residing in R&R
colony and their welfare. Through our CSR initiatives, we are regularly
taking care of their health care, education, drinking water and other
needs.
Though three registered workers' Unions are operating in MISL
but an ideal IR climate is uphold by both management and unions for
better production and productivity. Long Term settlements on wages
are accorded through bipartite discussion across the table after every
three years to maintain Industrial harmony, employee satisfaction and
motivation.
After the expiry of the last long term settlement in Dec 2017, all
three Unions submitted their respective Charter of demands
separately. MISL Management called upon all the three Unions jointly
for discussion on their Charter of demands. After a series of
discussions/deliberations Management declared a revision of 30% on
the gross salary of workers effective from 1st Aug' 2018. As a token of
reciprocal gesture and goodwill, all the employees gathered at Plant's
canteen on 9th of Aug'2018 greeted and expressed their deep
gratitude to Group Chairman Sir' and CMD madam. They have also
expressed their commitment to take MISL to new heights.

Ultimately, we wish the joy of perfect union with the person we love