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Payment of Productivity Linked Bonus to all eligible non-gazetted Railway employees for the financial year 2010-2011.

October 1, 2011 Leave a comment
GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS. 
RAILWAY BOARD

RBE No. 134 /2011.
No. E(P&A)II-2011JPLB-6                                                                   New Delhi, dated :30.9.2011. 
The General Managers/CAOs,

All Indian Railways & ProductionUnits etc.
(As per mailinglists No.1 & 2).
Subject : Payment of Productivity LinkedBonus to all eligible non-gazetted Railway employees for the financial year2010-2011.
The President is pleased to sanctionProductivity Linked Bonus (PLB) equivalent to 78 (Seventy eight) days wages without any ceiling on wages foreligibility for the financial year 2010-11 to all eligible non-gazettedRailway employees (excluding all RPF/RPSF personnel). Where wages exceed Rs.3500/-per month, Productivity Linked Bonus will be calculated as if ‘wages’ are Rs. 3500/- p.m.

RAILWAY STAFFS PLB FOR 2010-2011 [ORDER ISSUED BY THE CABINET]

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.



MORE RAILWAY ORDERS RELATED TO PLB

Source:pib

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.


Source –BUSINESS -STANDARD