header logo
Asia asset finance
Mogo Academy
Latest
SPC employees receive bonus payment after 12 years
Apr 16, 201905:04 PM
SPC employees receive bonus payment after 12 years

Following the year 2006, the employees of the State Pharmaceutical Corporation (SPC) have been granted a bonus payment of three-month salary, says the SPC Chairman Dr M.H.M Rumie.

 

The board of directors of the SPC has taken this action complying with a request made by the Minister of Health, Nutrition and Indigenous Medicine Dr Rajitha Senaratne, Dr Rumie added.

 

In order to grant bonus payments to the employees, a company has to gain 125 percent of revenue, however, the income of SPC has increased by 130 percent as of now.

 

1050 employees are currently serving at the SPC and Rs 150 million has been allotted for their bonus payment after 12 years.

 

The trade unions of the SPC have expressed their pleasure over this implementation and bonus payments, the SPC Chairman said.

 

The Health Minister has also given instructions to expand the network of branches under mid-term and short-term programmes, he commented.

 

Currently, there are 43 Rajya Osu Sala outlets operating in the country and new branches are slated to be declared open at Badulla, Matugama, Ambalangoda and Darga Town, the chairman stated.

 

The SPC aims to surpass profits of Rs 2000 million by the end of 2019, he further commented.

 

 

 

MostRead
Mobitel Upahara
VideoStories
"No mention of Gotabaya’s name in Easter Attack Comm. reports" Court told during petition hearing

"No mention of Gotabaya’s name in Easter Attack Comm. reports" Court told during petition hearing

Chinese Embassy donates school supplies and dry rations following request by MP Dilith Jayaweera

Chinese Embassy donates school supplies and dry rations following request by MP Dilith Jayaweera

Chikungunya cases surface in addition to dengue outbreak; Public urged to destroy breeding sites

Chikungunya cases surface in addition to dengue outbreak; Public urged to destroy breeding sites

Chaos and uproar in Parliament after Speaker rejects request to debate issues within judicial sector

Chaos and uproar in Parliament after Speaker rejects request to debate issues within judicial sector

Govt. moves to amend laws to remove provisions on marking voters using indelible ink at elections

Govt. moves to amend laws to remove provisions on marking voters using indelible ink at elections

“This is injustice!”: Family appeals to Pope to intervene over continuous detention of Suresh Sallay

“This is injustice!”: Family appeals to Pope to intervene over continuous detention of Suresh Sallay

Dengue cases increasing at an alarming pace; IDH, Kalubowila and Galle hospitals reach capacity

Dengue cases increasing at an alarming pace; IDH, Kalubowila and Galle hospitals reach capacity

Sri Lanka's health system at risk due to surge in dengue cases; PHIs intensify crackdown

Sri Lanka's health system at risk due to surge in dengue cases; PHIs intensify crackdown

SJB-UNP coalition on the cards; Sajith calls for reduction in fuel prices, electricity tariffs

SJB-UNP coalition on the cards; Sajith calls for reduction in fuel prices, electricity tariffs

“Safeguard Suresh Sallay’s health and legal rights” Global Sri Lankan Forum writes to President

“Safeguard Suresh Sallay’s health and legal rights” Global Sri Lankan Forum writes to President

“Sri Lanka's core issue is weak financial literacy” -Derana Deputy Chairman Laksiri Wickramage

“Sri Lanka's core issue is weak financial literacy” -Derana Deputy Chairman Laksiri Wickramage

Sarath Weerasekara writes to ARFRO on Suresh Sallay's behalf

Sarath Weerasekara writes to ARFRO on Suresh Sallay's behalf

Government puts up theatrics to avoid farmers' concerns – MP Dilith Jayaweera

Government puts up theatrics to avoid farmers' concerns – MP Dilith Jayaweera

‘We have no intention of following previous regimes’ – PM Harini Amarasuriya

‘We have no intention of following previous regimes’ – PM Harini Amarasuriya

Suresh Sallay treated at National Hospital for 12 days; Maligakanda Magistrate visits for inspection

Suresh Sallay treated at National Hospital for 12 days; Maligakanda Magistrate visits for inspection

Lassana Flora