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Showing posts with the label Cabinet approval on Bonus

Cabinet Committee approved 78 days wages as Bonus for Railway Employees

Cabinet Committee approved 78 days wages as Bonus for Railway Employees Yesterday the Cabinet Committee approved the proposal on Bonus issue to Railway employees… The Productivity Linked Bonus equivalent to 78 days wages will be paid to all the non-gazetted Railway employees for the financial year 2012-13. PLB equivalent to 78 days wages will be paid as a special case considering the good financial performances which is expected to motivate employees. The wage calculation ceiling prescribed for payment of PLB to eligible non-gazetted railway employees is Rs. 3500/- per month. The payment of PLB to eligible railway employees is made each year before the Dusshera / Puja holidays. About 12.37 lakh non-gazetted railway employees all over the country are likely to benefit. 

Railway Bonus likely to be decided on cabinet meeting on 03.10.13

Railway Bonus likely to be decided on cabinet meeting on 03.10.13 The union cabinet likely to consider productivity linked bonus for Railway employees for the financial year 2012-13 on 3rd October 2013. It is also know from union sources that Hon'ble Minister For Railways has approved the case of Cadre Restructuring for Railway Employees. Railway Minister has also approved the Upgradation of 3000 posts of Apex Grade in Group C to Group B. Case has been sent to Ministry of Finance. Source : www.paycommissionupdate.blogspot.in [http://paycommissionupdate.blogspot.in/2013/10/railway-bonus-likely-to-be-decided-on.html]