According to reports the three unions in Maruti Suzuki India Ltd’s Haryana plants have signed a wage pact with the country’s largest car maker after a marathon 40 rounds of negotiations that lasted six months. The agreement is for three years from April 1,2015 to March 31,2018.

The basic pay hike will be Rs.16,800 per month, to be paid in three instalments over three years.-50 per cent this year and 25 per cent each in the next two years. In addition, the company’s MD and CEO has promised an incentive of Rs.3000 each as a one time measure in appreciation of an amicable settlement.

In July 2012, Maruti Suzuki’s Manesar plant was in news after  the death of an HR executive during the workers stirke, consequent on which 147 workers were  arrested and jailed. Only 77 managed to get bail this month. 550 permanent and 1800 contract workers were terminated. The good wage agreement could well be attributed as a consolation for the cruel victimisation meted out to the workers by the Maruti management in 2012.