Bonus Computation For Central Government Employees The Central Government today announced ad-hoc bonus equivalent to 30 days emoluments for the accounting year 2018-19 to the Central Government employees in Group ‘C’ and all non-gazetted employees in Group ‘B’, who are not covered by any Productivity Linked Bonus Scheme. How to Calculate Bonus The calculation ceiling […]
Railway Bonus 2018 – PLB 78 Days will be declared Soon
Railway Bonus 2018 – PLB 78 Days will be declared Soon Railway Bonus 2018 – PLB for 2017-18 equivalent to 78 days wages will be declared Soon to railway employees Railway Board informed in its letter to the Two railway federations NFIR and AIRF that a meeting would be held on 7.8.2018 to finalise about […]
7th CPC Report – Bonus Recommendations
7th CPC Report – Bonus Recommendations The Terms of Reference (ToR) of the Commission mandate that it examines the existing schemes for payment of bonus and their impact on performance and productivity. Consultation with Stakeholders was Considered Important: The system of Performance Linked Bonus (PLB) and Ad hoc Bonus have been prevalent in the Central […]
Grant of Non-Productivity Linked Bonus (ad-hoc bonus) to Central Government Employees for the year 2015-16
Grant of Non-Productivity Linked Bonus (ad-hoc bonus) to Central Government Employees for the year 2015-16 No.7/24/2007/E III (A) Government of India Ministry of Finance Department of Expenditure (E III-A Branch) North Block,New Delhi 3rd October,2016 OFFICE MEMORANDUM Subject: Grant of Non-Productivity Linked Bonus (ad-hoc bonus) to Central Government Employees for the year 2015-16. The undersigned […]
Enhancement of Bonus Ceiling for CG Employees – Finmin issued Orders on 29 Aug 2016
Grant of Productivity Linked Bonus (PLB) and non-productivity Linked Bonus (Ad-hoc bonus) in case of Central Government employees for the accounting year 2014-15 – enhancement of the calculation ceiling- Regarding. No.7/4/2014-E-IIIA Government of India Ministry of Finance (Department of Expenditure) North Block, New Delhi Dated the 29th August, 2016 Office Memorandum Subject: Grant of Productivity […]
Bonus to Railway employees at revised rate of Rs. 7000 with effect from 01.04.2014
Government has recently passed the bill for revision of Bonus calculation from Rs. 3500/- to Rs.7000/- and the eligibility ceiling to Rs. 21,000 with effect from 01.04.2014 – As Railway Employees are entitled to Productivity linked Bonus all Railway Unions are pressing the Govt for grant of arrears of bonus for the financial year 2014-15 […]
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