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Posted : Wednesday, May 25, 2016
Reliance Industries has started handing out increments and bonuses to its 20,000 employees with junior & middle managers receiving raises of 8-10%. Letters were issued to these employees on Friday, while senior managers will receive theirs along with variable pay this week.
However, employees of
Reliance Jio
may see a delay in increments as the review letters are expected to be
sent in June. According to people with direct knowledge of the
development, the firm announced FY15 increments for Jio in April-May
last year and variable pay was given in October.
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