Archive for the ‘BONUS’ Category

BEST staffs to get Rs. 5000 as Diwali Bonus.

October 21, 2011 Leave a comment
 BEST known as –  Brihanmumbai Electric Supply and Transport  today had issued a Diwali bonus order of Rs 5,000 for its staffs.

This decision was taken by the BEST committee meeting.

This bonus amount of Rs.5,000 would benefit 41,000 employees of BEST, Said by Sunil Shinde Chairmen BEST 

 The decision, which will add a burden of over Rs 40 crore on the civic transport and power supplying body, was not an easy one as the BEST is going through a financial crunch, he said.

“We have to keep our workers happy. And on the occasion of Diwali the amount will be given, which is a good news.”

Shinde further said BEST bus passengers or power consumers won”t have to face the brunt of the financial crunch.

Categories: BEST, BONUS, diwali bonus

Mayawati gives bonus to 15 lakh government employees, teachers

October 19, 2011 Leave a comment

Lucknow, Oct 17 (IANSUttar Pradesh Chief Minister Mayawati Monday announced a bonus for all Class III and Class IV employees as well as teachers of all government and state-aided educational institutions.
‘All employees whose grade pay was less than Rs.13,500 per month would be entitled to the bonus for which an upper ceiling of Rs.3,500 has been fixed,’ said an official spokesman.
‘While 50 percent of the bonus would be paid to the entitled employees and teachers before Diwali, the remaining part will be deposited in their provident fund accounts,’ he said.
As many as 15 lakh employees would be benefit by the decision which will cost the state exchequer some Rs.508 crore, he added.
Categories: BONUS, diwali bonus, TEACHERS

Grant of ad-hoc bonus for 30 days to the Group C & D RPF/RPSF personnel for the financial year 2010-2011.

October 7, 2011 Leave a comment

Government of India 
Ministry of Railways 
(Railway Board)

RBE No.140/2011 
New Delhi, dated 5.10.2011

The General Managers/CAOs (R), 
All Indian Railways & Production Units 

SUBJECT: Grant of ad-hoc bonus for 30 days to the Group C & D RPF/RPSF personnel for the financial year 2010-2011.

The President is pleased to decide that all Group C and D RPF/RPSF personnel, may be granted ad-hoc bonus equivalent to 30 (thirty) days emoluments for the financial year 2010-2011, without any eligibility wage ceiling. The calculation ceiling of  Rs.3500/- will remain unchanged.

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

a) Only those Group C & D RPF/RPSF personnel who were in service on 31.3.2011 and have rendered at least six months of continuous service during the year 2010-2011 will be eligible for payment under these orders. Pro-rata payment will be admissible to the eligible personnel for period of continuous service during the year ranging from six months to a full year, the eligibility period being taken in terms of number of months of service (rounded to the nearest number of months).

b) The quantum of ad-hoc bonus will be worked out on the basis of average emoluments/calculation ceiling whichever is lower. To calculate 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 there after be multiplied by the number of days of bonus granted. To illustrate, taking the calculation ceiling of Rs.3500/- (where actual average emoluments exceed  3500), ad-hoc bonus for thirty days would work out to 3500×30/30.4 = Rs.3453.95 (rounded off to Rs.3454/-).

c) All payments under these orders will be rounded off to the nearest rupee.

d) In the matter where the aforesaid provisions are silent, clarificatory orders issued vide this Ministry’s letter No.E(P&A)II-88/Bonus-3 dated 29.12.1988,  as amended from time totime, would hold good.

e) All the Group C & D RPF/RPSF personnel. regardless of whether they are in uniform or out of uniform and regardless of place of their posting, shall be eligible only for ad-hoc bonus in terms of these orders.

3. This issues with the concurrence of the Finance Directorate of the Ministry of Railways.
(Salim Md. Ahmed) 
Deputy Director/E(P&A)III, 
Railway Board 
New Delhi,dated 5.10.2011

Sanction of Bonus to Tamilnadu Public Sector Undertakings staffs.

October 1, 2011 Leave a comment
State Public Sector Undertakings – Sanction of Bonus and Ex-gratis to the employees of State Public Sector Undertakings for the year 2010-11 – Payable during 2011-12 Orders issued.
G.O.Ms.No.268                                 Dated: 29.09.2011
The Government issue the following orders for the payment of Bonus and Ex-gratia for the year 2010-11 payable during 2011-12 to the workers and employees of State Public Sector Undertakings:‑
(I) All workers and employees of State Public Sector Undertakings who are drawing a Grade pay of Rs. 4300 in the scale of pay of Rs.9300-34800 and below (Pre-revised scale – Rs. 5300-150-8300 and below) i.e. those who are in the C & D Groups, irrespective of their eligibility, be paid a minimum Bonus of 8.33% and Ex-gratia of 1.67% before 30.09.2011 to claim it as an eligible expenditure under Income Tax Act, subject to the salary ceiling limit of Rs. 35001- for the purpose of determination of Bonus for the year 2010-11 and in relaxation of the eligibility salary ceiling of Rs. 10,0001- as per the Payment of Bonus Act, 1965.
(ii) Those State Public Sector Undertakings, which can pay Bonus over and above the statutory minimum Bonus, based on allocable surplus calculated as per the Payment of Bonus Act, 1965, may pay higher bonus upto 20% before 30.09.2011 to claim it as an eligible expenditure under Income Tax Act, subject to the salary ceiling limit of Rs.3,5001- for the purpose of determination of Bonus for the year 2010-11 to the workers and to the employees in the C & D groups and in relaxation of the salary ceiling of Rs. 10,0001- as per the Payment of Bonus Act, 1965. In case, the Bonus payable based on allocable surplus is less than 10%, Bonus and Ex-gratia together not exceeding 10% shall be paid.
 (iii)   In the case of employees falling under the above salary limit, who worked for part of the year 2010-11 the Bonus & Ex-gratia may be proportionately paid.
In respect of the workers I employees of State Transport Undertakings, Tamil Nadu Electricity Board, Tamil Nadu Co-operative Milk Producers’ Federation, Tamil Nadu Civil Supplies Corporation, Poompuhar Shipping Corporation and Plantation workers of Tamil Nadu Tea Plantation Corporation Limited, Arasu Rubber Corporation and Tamil Nadu Forest Plantation Corporation Limited, the concerned Administrative Departments of the Secretariat will issue orders.
(v) In respect of the employees under A & B Group, separate orders for payment of Special Adhoc Bonus 1 Ex-gratia will be issued based on the orders, if any, issued for Government employees during Pongal Festival, 2012.
The Chief Executive Officers of all State Public Sector Undertakings
Copy to:
The Principal SecretarylSecretary to Government,
All Departments of Secretariat (Except Law and Legislative Assembly) The Accountant General, Chennai-6.
The Accountant General, Chennai-18.
The State Election Commissioner, Chennai-106.
Public (Election) Department, Secretariat, Chennai-9.
All Finance Directors.

Under Signed Sd/-



September 30, 2011 Leave a comment
The Union Cabinet has accepted the proposal of the Ministry of Railways for payment of Productivity Linked Bonus (PLB) equivalent to 78 days‘ wages for the financial year 2010-2011 for all eligible non-gazetted Railway employees.

The financial implication of payment of 78 days’ PLB to railway employees has been estimated to be Rs.1098.58 crore. The wage calculation ceiling prescribed for payment of PLB to the eligible non-gazetted railway employees is Rs.3500/- p.m.

About 12.61 lakh non-gazetted Railway employees are likely to benefit from the decision.

Payment of PLB to eligible railway employees is made each year before the Dusshera/ Puja holidays. The decision of the Cabinet shall be implemented before the holidays for this year as well.

This will be the highest PLB payment ever to be made by Railways. 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.



Cabinet is likely to discuss about PLB today [Railway Board]

September 30, 2011 Leave a comment

    The Cabinet is likely to discuss a railway ministry’s proposal for productivity linked bonus for its employees in a meeting scheduled to be held tomorrow. The railway ministry had recently assured productivity-linked bonus (PLB) to its employees in the grade pay ranging from Rs 1,800 to Rs 4,600, thus entailing an additional burden of Rs 600-700 crore on the finances of the public-sector employer.

   The assurance was given by Railway Minister Dinesh Trivedi after he held extensive discussion with various employees’ federation a few days back, officials said. The Union Cabinet is also expected to discuss a proposal forward by the agriculture ministry to set up the Norman Borlaug Institute for South Asia to undertake advanced research on agricultural practices.

   Named after famous agronomist and noble laureate Borlaug, the institute is proposed to be set up in Haryana in collaboration with Mexico-based International Wheat and Maize Improvement Centre (CIMMYT).

   Meanwhile, on the railway employees bonus, officials said PLB is linked to NTKM (net tonne km traffic) earning divided by the number of employees.

     Though there has been an 83.37 per cent increase in passenger traffic and 74.95 per cent increase in goods traffic in terms of kilometres covered between 2000-2001 and 2008-2009, staff strength has been reduced by 10.29 per cent. The PLB paid approximately to 13 lakh employees will amount to Rs 8,975 per employee.
According to the Bonus Act, the maximum bonus allowed to the employee for 30 days is Rs 3,500. Actually, the federations had demanded 80 days’ bonus and had asked for PLB to the employees equal to their per day salary earning.


Productivity Linked Bonus for the Year 2010-11 issued –[POSTAL]

September 24, 2011 Leave a comment

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 /-

Formula for calculating Bonus
Nature of work Formula used for calculatiton
Regular employees
Average Emoluments x No of days of  Bonus
30.4(Average no of days in a month)
Gramin Dak Sevaks [GDS]
 Average TRCA x No of days of  Bonus
30.4(Average no of days in a month)
Full time Casual Labours
(Including Temp status Casual Labours)

National monthly wages of Rs.1200 x No of days of  Bonus
30.4(Average no of days in a month)

Categories: ad-hoc bonus, BONUS, POSTAL