CITCO mulls rolling back two-year extension for employees
Chandigarh Industrial and Tourism Development Corporation Limited (CITCO) is mulling to roll back the decision of giving extension to the CITCO employees after attaining the age of 58. The agenda will be taken up in the CITCO board meeting slated to be held on March 30.chandigarh Updated: Mar 30, 2015 14:36 IST
Chandigarh Industrial and Tourism Development Corporation Limited (CITCO) is mulling to roll back the decision of giving extension to the CITCO employees after attaining the age of 58. The agenda will be taken up in the CITCO board meeting slated to be held on March 30.
There are around 40 employees who are currently working on extension. These employees were given the extension on the pattern of the Chandigarh administration. Earlier, an employee of CITCO used to get retired after attaining the age of 58, but after 2013, CITCO started providing extension of two years for its employees.
The proposal to roll back the decision is being taken keeping in view the financial burden on the corporation. Sources claim the salary structure of the employees on extension is very high, and it is paid through the revenue generated by CITCO. They also claim CITCO, being a commercial organisation, is not able to bear this extra financial burden.
Most of the beneficiaries are between the ranks of peon, clerks or the officer-cadre employees not matching the professional competencies in the hotel industry.
Besides, the agenda regarding the appointment of the general manager will also be taken up during the board meeting, and some names from the hospitality industry have also been shortlisted.
It has been learnt that for the appointment of the general manager from the hospitality industry, CITCO has advertised at least six times since 2008. But the corporation has not got a good response owing to very less annual package of `10 lakh.
However, CITCO has now decided to offer `30 lakh an annual package for the general manager, who must have an experience of working with a reputed hotel comprising minimum 100 rooms. For this, total 33 applications had been received, of which eight qualified, while six were called for the interview.
The GM, whose contract will be renewed every year, will be employed for the period of five years. CITCO managing director Kavita Singh said, “These agendas will be discussed during the board meeting on March 30. And keeping in view the financial burden on CITCO, we have decided to roll back the decision.” The issue of shopkeepers at Sukhna Lake seeking compensation for their loss for one month closure during the bird flu will also come up during the board meeting.
The shopkeepers have given a representation to CITCO demanding compensation for the loss of around `13 lakh during one-month period.
Chandigarh Industrial and Tourism Development Corporation Limited had suffered a loss of `50 lakh during the closure of Sukhna. If shopkeepers are given compensation, the total loss will add up to Rs 63 lakh.