The Karachi Electric Supply Company (KESC) has announced a "fair and competitive Voluntary Separation Scheme" (VSS) to 4,5OO of its non-management staff and workmen engaged in non-core functions, such as drivers, office attendants, security guards, sanitary workers, etc.
An announcement here on Friday said that the company is offering handsome benefits to employees taking advantage of this Voluntary Separation Scheme. It said that all statutory dues and Ex-Gratia Payouts (minimum of 25 basics, maximum of 85 basics with minimum pay-out of Rs 700,000) will be paid to employees who decide to benefit from this one-time scheme.
The statement further pointed out that all those non-management employees and regular worker in non-core roles who are below 59 years of age are eligible to benefit from this scheme. However, those employees who are on probation, contract or have resigned from the company already are not eligible.
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