No Diwali bonus for BEST employees? | mumbai | Hindustan Times
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No Diwali bonus for BEST employees?

mumbai Updated: Oct 20, 2011 01:14 IST

BEST employees might not be getting a Diwali bonus this year due to the undertaking’s poor financial condition. “The financial condition of the BEST is very bad and we have incurred a loss of Rs 400 crores. If we give a Diwali bonus to our employees, we might face difficulty in paying them salaries or buying power,” said OP Gupta, general manager, BEST.

However, he added that if the condition improves, bonus would be shared.

“I am open to bonus if the condition improves tomorrow. The fire at Backbay has added to the financial loses,” added Gupta. Another committee meeting has been called on Thursday where a decision about bonus to the 41,000 BEST employees would be finalised.