Employee Association & Employee Welfare Measures In Bosch: Supriya S

Employee Association & Employee Welfare Measures in BOSCH Supriya S

About BOSCH Founded in 1886 in Germany as a ‘workshop for precision mechanics and electrical engineering’ by Robert Bosch Bosch is today the largest automotive technology supplier in the world, global group turnover of 46.1 billion Euros in the year 2007 Presence in every continent, more than 280 subsidiaries, associated companies and 12,000 service centres located in over 140 countries

Cont… 260 manufacturing locations worldwide, 200 of them located outside Germany 2,80,000 associates worldwide, over 18,000 in India, close to 5000 in the Bangalore plant alone Bosch Limited is a Public Limited company under the category of MNC.

Employees’ Association • MICO Employees Association • In the interest of shop-floor employees • Multiple Unions – Elephant – Deer – Torch

Cont… • MEA elections held once in two years • Management initiative, Time-off facility • 7 Office Bearer positions • Executive Council (EC) & General Council (GC) • Canteen Committee (CC) • Process identical to the General Election Process

Cont… • Constituency wise nomination of candidates, Independent candidates • Issue of application forms • Scrutiny and Elimination of nominations • Display of voters list and final candidates list

Cont… • Procurement of voting machines, inspection and sealing • Final voting and declaration of results • Ensures fair representation of all parties, transparent, reduces inter-party rivalry

Employee Welfare Measures

Statutory measures under the Factories Act: – Washing Facilities – Facilities for Storing and Drying Clothing – Facilities for Sitting – First Aid Appliances and Medical benefits – Canteen – Shelter, Rest Rooms and Lunch Rooms – Welfare Officer

Non Statutory Measures – Group Personal Accident Insurance • All major injuries • Special leave with full pay(up to 2 years), reimbursement of expenses upto 100% • Permanent total disablement compensation : 100 months salary

– Manipal Hospital Scheme • Serious : 1.5 lakhs + 1.5 lakhs + 3 lakhs • Major illness : Rs. 60,000 (above 15,000) • Narayana Hrudayalaya, Mahaveer Jain Heart centre, Bangalore Kidney Foundation, Curie centre for Oncology

– Mico Contributory Benevolent Fund:( M C B F) • Committee consists of 3 members from Management representatives & 5 from M E A • Constituted with the mutual contribution by the Company and the permanent workmen • Rs.122.00 + Rs.50.00 • 2455 MCBF members • Total collection is Rs. 4,22,260.00 per month, monthly deficit of 6 lakhs

– Family Planning Incentive: • • • •

One child : Rs.500.00 Two children : Rs.300.00 Above 2 children : Nil Maternity expenses reimbursement to the extent of Rs.25,000/-

– Credit Co-operative Society: • The Mico Employees Co-operative Society, is one of the best co-operative societies in Karnataka. • Eligibility: All permanent employees & RBEI staff are eligible to take membership • Membership enrolment: By paying Rs.41/- towards membership & one share of Rs. 10/- or Rs.1,130/- for membership and max. of 100 shares of Rs. 10 each.

• • • • •

Interest on deposit :7% per annum Interest on Loan : 8% per annum on reducing balance. Dividend on shares: 20% per annum Annual Total Turnover as on 31.03.09: 25.18 Crores. Benefits: financial loans, medical reimbursement, Members’ Exceptional Children scheme, retirement benefits etc.

– Housing co-operative society – Sports Club – Fine Arts Society – Libraries – Transport Facility