Bonus Orders 2015 : 78 Days Bonus for Railway Employees cleared by Cabinet today

Bonus Orders 2015 : 78 Days Bonus for Railway Employees cleared by Cabinet today

Bonus 2015 : Cabinet approved 78 Days for Railway Employees – PIB Report

Productivity Linked Bonus for Railway Employee

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi, has approved the Production Linked Bonus for Railway Employees.

As a result of the review of the scheme and approval of the Cabinet the salient features of the PLB scheme are as under: –

a) The output for a year is reckoned by the equated net tonne kilometres by adding together:-

i) total goods revenue net tonne kilometres.

ii) non-suburban passenger kilometres converted by a factor of 0.076.

iii) suburban passenger kilometres converted by a factor of 0.053.

b) The input is taken as the non-gazetted staff strength (excluding RPF/RPSF personnel), increased by the incremental increase/decrease in capital (over average of last three years) during the year. Incremental capital is confined to Rolling Stock utilised for movement of trains. The relative weights given are 0.50 for Tractive Effort, 0.20 for Wagon Capacity and 0.30 for Seating Capacity. The labour input i.e. non-gazetted staff strength is then increased to the extent of the percentage increase in the incremental capital 

Highest PLB amount of 78 days’ wages was paid for the financial years 2010-11, 2011-12, 2012-13 and 2013-14. This year also PLB equivalent to 78 days’ wages will be paid considering the good financial performance which is expected to motivate employees for working towards improving the same in future.

The financial implication of payment of 78 days’ PLB to railway employees has been estimated to be Rs. 1030.02 crore. The wage calculation ceiling prescribed for payment of PLB to the eligible non-gazetted railway employees is 3500/- p.m. The maximum amount payable per eligible railway employee is Rs. 8975 for 78 days.

About 12.58 lakh non-gazetted Railway employees are likely to benefit from the decision.

The Productivity Linked Bonus on Railway covers all non-gazetted railway employees (excluding RPF/RPSF personnel) who are spread over the entire country.

Background:

The Union Cabinet in its meeting held on October 2015 accepted the proposal of the Ministry of Railways for payment of Productivity Linked Bonus (PLB) equivalent to 78 days’ wages for the financial year 2014-2015 for all eligible non-gazetted Railway employees (excluding RPF/RPSF personnel).

Source: PIB News

Productivity Linked Bonus (PLB) for the Civilian Employees of the EME for the year 2014-15

Productivity Linked Bonus (PLB) for the Civilian Employees of the EME for the year 2014-15

NO.20 (3)/2014/D(JCM)
Government Of India
Ministry Of Defence

New Delhi, dated the 21st September, 2015.

To
The Chief of the Army Staff
New Delhi.

Subject: Productivity Linked Bonus (PLB) for the Civilian Employees of the EME for the year 2014-15.

1. Sir, I am directed to refer to the productivity Liked Bonus Scheme already circulated vide this Ministry’s letter No.F.24(8)/80/D(JCM) dated 28th September, 1983. as amended from time to time, and to convey the sanction of president to the payment of 28 days (Twenty Eight days) wages in cash as PLB for the year 2014-15 to the eligible civilian employees of the EME.
2. The entitlement has been worked out on the basis of the working results for the year 2014-15 in accordance with the agreed formula.
3. The PLB shall be paid to all eligible Group “B” (Non-Gazetted), Group “C”and Group “D” civilian employees of the EME who are covered under PLB scheme for the accounting year 2014-15. The calculation ceiling of Rs.3500/- (3500×32/30.4) and other terms and conditions of the PLB scheme will remain unchanged.
4. Productivity Linked Bonus to the casual labour will be paid at the assumed wages of Rs.1200/- p.m. (1200×32/30.4) for the accounting year 2014-15. However, in cases where the actual wages fall below Rs.1200/- p.m. the amount will be calculated on the actual monthly wages. The other conditions remain unchanged.
5. The expenditure on this account will be debitable to Defence Services Estimates under respective Heads to which the pay and allowances of these employees are debited. The entire expenditure on the payment of PLB is to be met out of the sanctioned budget grant for the year 2015-16.
6. This issues with the concurrence of the Ministry of Fiance (Department of Expenditure) Vide their I.D.No.176998/E.111.A dated 15.9.2015 and MoD (Fin/AG/PB) vide their Dy.No.141/AG/PB dated 18.9.2015.

Yours faithfully,

Sd/-
(Amitava Saha)
Under Secretary to the Government of India
Tel: 23011260

 Source: http://indwf.blogspot.in