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The Surplus production Payment will be Effective from Next Month

The Surplus production Payment will be Effective from Next Month

Ethiopian Construction Works Corporation (ECWC) announced that surplus production payment Performance Manual (No. 38/2013) will be effective as of May 9, 2021.

Assefa Kesito, Deputy Chief Executive Officer of the Corporation's Planning and Corporate Affairs Sector, said the purpose of the manual was to ensure fair distribution of the company's surplus product or income to employees based on their contribution.

In addition, as pointed out by senior management of ECWC, profit-making has many positive aspects, which are of great importance in improving the use of time and resources and increasing profits.

According to Assefa, “The profit is paid by dividing the profit registered for eight hours every day of the month and distributing it to the employees of the corporation based on their salary scale.

The surplus production Payment Manual will be implemented beginning from April 9, 2021 and will be effective as of May 9, 2021.

 


          

 

 Engineer Yonas Ayalew

CEO of Ethiopian Construction Works Corporation