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Showing posts with label bonus order 2011. Show all posts
Showing posts with label bonus order 2011. Show all posts

Railway Employees Bonus Order 2010 - 2011

 

Railway-employees-bonus-order-2011 Over 12.60 lakh non-gazetted Railway employees will benefit from a decision by the Union Cabinet today to give the highest ever Productivity Linked Bonus (PLB) equivalent to 78 days' wages to them this festival season.


Information and Broadcasting Minister Ambika Soni said the Union Cabinet has accepted the proposal of the Ministry of Railways for payment of PLB equivalent to 78 days' wages for 2010-11 for all eligible non-gazetted Railway employees.


The decision is likely to benefit 12.61 lakh non-gazetted Railway employees, she said.


"The financial implication of payment of 78 days' PLB to railway employees has been estimated at Rs 1,098.58 crore. The wage calculation ceiling prescribed for payment of PLB to the eligible non-gazetted railway employees is Rs 3,500 per month," she told reporters after the Cabinet meeting.


This will be the highest PLB payment ever to be made by the Railways. Payment of PLB to eligible railway employees is made each year before the Dusshera holidays.


"The decision of the Cabinet shall be implemented before the holidays," Soni said.


Last year, the Railways had given 77-day bonus to as many employees. Though there are a total of 13.26 lakh railway employees, 1.26 lakh are not covered under the PLB.


"PLB is based on the productivity indices reflecting the performance of the Railways and its payment is expected to motivate the employees for working towards improving the same in future," Soni said.

 

source:economic times. indiatimes

Download PLB Bonus Order 2011

Bonus Order 2011:

Productivity Linked Bonus order for the Year 2010-2011 issued by Ministry of Communications and IT.

 

The bonus is equivalent of emoluments of 60 (sixty) days to the employees of Department of Posts in Group ‘D’, Group ‘C’ and non-gazetted Group ‘B’. Ex-Gratia payment of Bonus to Gramin Dak Sevaks

 

Calculation Ceiling- Rs 3500.

Regular Employees: Rs 3500 /-

GDS Employees: Rs 2500 /-

 

PLB Bonus Order 2010-11 India Post

 

Calculation of Bonus:

Bonus will be calculated on the basis of the following formula:

 

(Average emoluments * number of days of Bonus ) / (30.4 * Average no. of days in a month)

 

The emoluments shall be restricted to Rs. 3500 only.

 

Bonus Order Will be published Soon… !!

Non PLB Bonus for CG Employees 2010-11

Central Government employees NPLB Bonus 2011

Grant of non-productivity linked bonus (ad-hoc) bonus to Central government employees for the year 2010-11 Extenson of orders to Autonomous Bodies.

 

NO. 7/22/2008-E-III(A)

Government of India

Ministry of Finance

Department of Expenditure

E III (A) Branch

 

New Delhi, the 14th September, 2011

 

OFFICE MEMORANDUM

 

Subject: Grant of non-productivity linked bonus (ad-hoc) bonus to Central government employees for the year 2010-11 Extenson of orders to Autonomous Bodies.

 

Download the Order Here

Ad-hoc bonus to Central Government Employees for the year 2010-11

Central Government employees NPLB Bonus 2011

 

 

NO. 7/24/2007/E III(A)

Government of India

Ministry of Finance

Department of Expenditure

E III(A) Branch

 

New Delhi, the 13th September, 2011

 

Office Memorandum

Subject: Grant of Non-productivity linked bonus (ad-hoc) bonus to central Government employees for the year 2010-11.

 

The undersigned is directed to convey the sanction of the President to the grant of Non-Productivity linked bonus (ad-hoc Bonus) equivalent to 30 days emoluments for the accounting year 2010-11 to the central government employoees in Group ‘C’ and Group ‘D’ and all non-gazetted employees in Group ‘B’, who are not covered by any Productivity linked Bonus Scheme. The calculation ceiling of Rs. 3500/- will remain unchanged . The payment will also be admissible to the Central Police and Para-military Personnell of Armed Forces. The orders will follow the Central Pattern of the emoluments and are not covered by any othe bonus or ex-gratia scheme.

 

2. The benefit will be admissible subject to the following terms and conditions.

    (i) Only those employees who were in service on 31.3.2011 and have rendered at least six months of continous service during the year 2010-11 will be eligible for payment under these orders. Pro-rata payment will be admissible to the eligible employees for period of continous service during the year from six months to a ful year, the eligibility periodd being taken in terms of number of months of service (rounded off to the nearest number of months).

   (ii) The quantum of Non-PLB (ad-hoc bonus) will be worked out on the basis of average emoluments / calculation ceiling whichever is lower. To calculate Non-PLB (ad-hoc bonus) for one day, the average emoluments in a year will be divided by 30.4 (average number of days in a month). This will thereafter be multiplied by the number of days of bonus granted. To illustrate, taking the calculation ceiling of Rs. 3500 (where actual aveage emoluements exceed Rs. 3500), Non-PLB (ad-hoc Bonus) for thirty days would work out t Rs 3500*30/30.4 Rs. 3453.95 (rounded off to Rs. 3454/-)

 

 

Download the Order here