However, while union officials said it may result in a stalemate if GM doesn't revise the separation package, the company said it has offered an average pay-out equalling 3.5 years of salary after taxes to retrenched employees in the middle of 2021.
General Motors Employees' Union wants the management to abide by its promise of offering the best. intary separation scheme (VSS) to affected employees in India, and has refused to accept the 2021 offer.
However, if the company substantially revises the offer, the union will discuss it with its members to form a consensus, said Sandeep Bhegade, president of General Motors Employees' Union.
GM has been trying to reach the union to work out the terms of separation, even as it continues to scout for buyers for its 300-acre factory at Talegaon near Pune in Maharashtra, a GM spokesperson said. The union has said it will protest against any sale without a labour transfer agreement.
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