Diwali Bonus for TN Govt Employees
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Showing posts with label BONUS. Show all posts
Showing posts with label BONUS. Show all posts
DoP Orders - Bonus Calculation 2018 For Postal Employees
DoP Orders - Bonus Calculation 2018 For Postal Employees
MoD - Civilian Of Indian Navy Bonus (40 Days) Declared For 2017-18
40 days Bonus to Civilian of Indian Navy for 2017-18
Mod - Industrial Civilian Employees Bonus(40 Days) Declared For 2017-18
40 days Bonus to Industrial Civilian Employees for 2017-18
Railway Board - PLB Bonus For Non-Gazetted Employees
Bonus Orders for Non-Gazetted Railway Employees
Cabinet Approves Productivity Linked Bonus Maximum Rs17951/ For Eligible Railway Employees
Cabinet Approves Productivity Linked Bonus Maximum Rs17951/ For Eligible Railway Employees
DoE Orders - Grant Of Non-PLB Bonus (Ad-hoc Bonus) To CG Employees
Grant of Non-Productivity Linked Bonus (Ad-hoc Bonus) to Central Government Employees for the year 2017-18
Railway Bonus 2018 – PLB 78 Days Will Be Declared Soon To Employees
Railway Bonus 2018 – PLB 78 Days will be declared Soon
Bonus And Ad-Hoc Bonus Orders Issued By Finance Ministry
Bonus And Ad-Hoc Bonus Orders Issued By Finance Ministry
7th CPC Recommendations Of Bonus
Bonus Recommendations in 7th CPC Report
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 Government for a fairly long time. Therefore, for the replacement of the existing bonus schemes with any other incentive scheme, prior consultation with the stakeholders was considered essential
The Commission feels that there is strong need to create a culture of performance in government – from establishing standards of performance, to measuring, and promoting people based on performance. To emphasize on the culture of performance, the Commission has recommended that all the non-performers in the system should be phased out after 20 years. The Commission has recommended that Performance Related Pay should be introduced in the government and that all Bonus payments should necessarily be linked with productivity.
The Commission feels that any Performance Related Pay (PRP) for Central Government employees should provide a credible framework to drive performance across ministries/departments. Rather than a new system design, the favoured approach should be an incremental adaptation which can operate within the existing framework of rules with minor changes that can enable smooth implementation and operationalization of PRP.
In this backdrop, the Commission recommends introduction of the Performance Related Pay for all categories of Central Government employees, based on quality RFDs, reformed APARs and broad Guidelines, as enumerated above.
The Commission also recommends that the PRP should subsume the existing Bonus schemes. The Commission notes that there could be a time lag in implementing the Performance Related Pay by different departments. Till such time, the existing Bonus Schemes should be reviewed and linked with increased profitability/productivity under well-defined financial parameters.
Bonus Calculation: To illustrate, taking the calculation ceiling of monthly emoluments of Rs. 7000 (where actual average emoluments exceed Rs. 7000), Non-PLB (Ad-hoc Bonus) for thirty days would work out to Rs. 7000×30/30.4=Rs.6907.89 (rounded off to Rs.6908/-).
NC JCM Writes To Cabinet - Ad-hoc Bonus For Central Autonomous Bodies
Ad-hoc Bonus for Central Autonomous Bodies – NC JCM writes to Cabinet Secretary
Railway Board - Bonus For 2017-18 To Be Paid In The Current Year 2018
Bonus for 2017-18 to be paid in the current year 2018
Important Guidelines And Illustrations Of Bonus For Bank Employees
Bonus for Bank Employees – Guidelines and Illustrations
Important guidelines and illustrations are given in Annexure-I, II and III
Annexure-I
1. Bonus is payable to those employees whose salary does not exceed Rs.21,000/- per month. In other words no Bonus is payable to those employees whose salary exceeds Rs.21,000/- per month. Please see the examples given in the Annexure-II.
2. Every employee (including temporary employees) who had worked in the bank for not less than 30 working days during the financial year is eligible to receive the Bonus.
3. The maximum amount of Bonus payable to any eligible employee should be only Rs.7,000/- where an employee has worked for all 365 days.
4. For the purpose of computing the number of days during which the employee worked in the accounting year, he/she will be deemed to have worked on the days on which he/she has been on leave with salary / wages.
5. The minimum amount of Bonus payable to any employee is stipulated as Rs.100/- or the actual eligibility @ 8.33% whichever is higher.
6. In case, if the earning of an employee is reduced during a month on account of loss of pay, Bonus payable for that particular month should be calculated proportionately. An illustration is given in the Annexure-III
7. An employee will be disqualified for receiving Bonus if he is dismissed from the Service of the Bank due to (a) fraud (b) riotous or violent behaviour within the premises of the Bank of (c) theft, misappropriation or sabotage of any property of the Bank. In all such cases the matter should be referred to Human Resources Department (IR), Head Office for necessary instructions.
8. In case of employees who were placed under suspension / dismissed / discharged for misconduct prior permission from our Human Resources Department (IR), Head Office, may be sought before making any payment towards Bonus.
9. In respect of those employees who are eligible for payment of Bonus for the year 2016-17, but deceased, the Bonus amount shall be paid to their legal heirs provided a claims is preferred within one year form the date of this circular. These cases should also be referred to Human Resources Department (IR), Head Office.
10. No advance against Bonus should be made pending receipt of salary particulars from other branches.
11. Leave encashment is not to be treated as salary/wages for the payment of Bonus.
12. Branches claiming Bonus pertaining to earlier years should route their claims through their respective Zonal offices duly substantiating the reasons for delay in making payment. Zonal office should confirm that the amount is not reimbursed to branches earlier. The amount may be Claimed separately and it should not be clubbed with the bonus amount related to this year.
13. Special points requiring specific personal attention of salary disbursement authorities and contravention of which will attract action against them.
• Bonus register in form “C” should be maintained for each year in which all the particulars of each employee are to be filled without leaving any column blank.
• Acquaintances should be obtained at the time of payment of Bonus from all the employees to whom Bonus is paid. • At the time of inspection by Labour Enforcement Officer, all the relevant records should be produced before the concerned for verification.
• As per the payment of Bonus rules 1975, every branch shall send an annual return in Form “D” to the concerned Labour Enforcement Officer (Central) so as to reach within 30 days of payment of Bonus. A proforma of form “D” is given in the Annexure. All the branches are advised to note the same and submit the annual return without fail.
Branch Managers will be personally held responsible for non-submission of this return.
Please note that all Bonus payments must invariably be claimed from Head Office. Please do not debit Profit & Loss A/c - Bonus at the Branch level.
ANNEXURE –II Example: 1
An employee has drawn salary of Rs.15800/- for April 2016, Rs.16500/- for May, Rs.17300/- for June, Rs.18300/- for July and August 2016, Rs.19700/- for September and October 2016, Rs.20700/- for November 2016 and from December 2016 to March 2017 Rs.21200/-. Bonus payable to the employee is calculated as under.
|
Month/Year
|
Salary
|
Salary limited for the purpose of Bonus
|
|
April 2016
|
15800-00
|
7000-00
|
|
May 2016
|
16500-00
|
7000-00
|
|
June 2016
|
17300-00
|
7000-00
|
|
July 2016
|
18300-00
|
7000-00
|
|
Aug 2016
|
18300-00
|
7000-00
|
|
Sept 2016
|
19700-00
|
7000-00
|
|
Oct 216
|
19700-00
|
7000-00
|
|
Nov 2016
|
20700-00
|
7000-00
|
|
Dec 216
|
21200-00
|
NOT ELIGIBLE
|
|
Jan 2017
|
21200-00
|
NOT ELIGIBLE
|
|
Feb 2017
|
21200-00
|
NOT ELIGIBLE
|
|
March 2017
|
21200-00
|
NOT ELIGIBLE
|
|
Total
|
56000-00
|
|
|
Bonus paybale ---
Rs.56000 x 8.33% ---
Rs.4664.80
|
||
ANNEXURE –III
EXAMPLE – 2
Where the salary of an employee is reduced on account of loss of pay, the Bonus payable for that particular month should be reduced proportionately. Where the salary payable to an employee is more than 21,000/- per month but the salary earned for the respective month is reduced to below Rs.19,900/- per month on account of loss of pay, he is not eligible for payment of bonus.
The Bonus payable in the above cases is calculated as under.
|
Month/Year
|
Salary
|
Salary limited for the purpose of Bonus
|
|
April 2016
|
15500-00
|
7000-00
|
|
May 2016
|
16000-00(loss of pay 3 days)
|
6322-58
|
|
June 2016
|
17300-00
|
7000-00
|
|
July 2016
|
18300-00
|
7000-00
|
|
Aug 2016
|
18300-00
|
7000-00
|
|
Sept 2016
|
19700-00
|
7000-00
|
|
Oct 216
|
19700-00
|
7000-00
|
|
Nov 2016
|
20900-00
|
7000-00
|
|
Dec 216
|
21200-00
|
NOT ELIGIBLE
|
|
Jan 2017
|
19900-00(loss of pay 4 days)
|
NOT ELIGIBLE
|
|
Feb 2017
|
21200-00
|
NOT ELIGIBLE
|
|
March 2017
|
21200-00
|
NOT ELIGIBLE
|
|
Total
|
55322-58
|
|
|
Bonus paybale ---
Rs.55322.58 X 8.33% ------
Rs.4608-37
|
||
PLB For Civilian Employees Of Defence Production Establishments For The Year 2016-2017
Payment of Bonus to Civilian Employees of Defence Production Establishments for the year 2016-17 – Orders issued
No.10(1)/2017/D(Estt/NG)
Government of India
Ministry of Defence
New Delhi, the 13.09.2017
The Chairman,
Ordnance Factory Board,
10-A, S.K.Bose Road,
Kokkata – 700 001
New Delhi
1. The Director General of Quality Assurance,
New Delhi.
2. The Director General of Aeronautical Quality Assurance,
New Delhi.
Subject: Productivity Linked Bonus for Civilian Employees of Defence Production Establishments for the year 2016-2017.
Madam/Sir,
I am directed to refer to this Ministry ‘s letter No.F.48(4)/98/I(B&C) dated 27th July,2000 on the above subject and to convey the sanction of President to the payment of Productivity Linked Bonus for the year 2016-17 40 days wages to the eligible civilian employees of Defence Production Establishments as mentioned therein with an overall of wages of Rs.7000/- per month.
2. The casual labour who has worked for at least 240 days, in each year, for 03 years or more, will be eligible for this PLB payment. The amount will be paid on a notional monthly wages of Rs.750/-. In case where the actual emoluments fall below Rs.750/- per month, the amount will be calculated on actual monthly emoluments. All payments under these orders will be rounded off to the nearest rupee.
The entitlement has been worked out on the basis of the working results for the year 2016-2017 in accordance with the agreed formula.
Order Copy
Finmin Orders - Grant Of Non-Productivity Linked Bonus (Ad-Hoc Bonus) To CG Employees For The Year 2016-17
Non-Productivity Linked Bonus (Ad-hoc Bonus) to the Central Government Employees - Finmin Orders
Grant of Non-Productivity Linked Bonus (Ad-hoc Bonus) to the Central Government Employees for the year 2016-17
No.7/4/2014/E III (A)
Government of India
Ministry of Finance
Department of Expenditure
(E III-A Branch)
North Block, New Delhi
19th September 2017
OFFICE MEMORANDUM
Subject: Grant of Non-Productivity Linked Bonus (ad-hoc bonus) to Central Government Employees for the year 2016-17.
The undersigned is directed to convey the sanction of the President to the grant of Non-Productivity Linked Bonus (Ad-hoc Bonus) equivalent to 30 days emoluments for the accounting year 2016-17 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. The calculation ceiling for payment of ad-hoc Bonus under these orders shall be monthly emoluments of Rs. 7000/-, as revised w.e.f 01/04/2014 vide OM No.7/4/2014-E.III(A), dated 29th August, 2016. The payment of ad-hoc Bonus under these orders will also be admissible to the eligible employees of Central Para Military Forces and Armed Forces. The orders will be deemed to be extended to the employees of Union Territory Administration which follow the Central Government pattern of emoluments and are not covered by any other bonus or ex-gratia scheme.
2. The benefit will be admissible subject to the following terms and conditions:-
(l) Only those employees who were in service as on 31.3.2017 and have rendered at least six months of continuous service during the year 2016-17 will be eligible for payment under these orders. Pro-rata payment will be admissible
to the eligible employees for period of continuous service during the year from six months to a full year, the eligibility period being taken in terms of number of months of service (rounded off to the nearest number of months);
(ii) The quantum of Non-PLB (ad-hoc bonus) will be worked out on the basis of average emoluments/calculation ceiling whichever is lower. To calculate Non- PLB (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, thereafter, be multiplied by the number of days of bonus granted. To illustrate, taking the calculation ceiling of monthly emoluments of Rs. 7000 (where actual average emoluments exceed Rs. 7000), Non-PLB (Ad-hoc Bonus) for thirty days would work out to Rs. 7000×30/30.4=Rs.6907.89 (rounded off to Rs.6908/-).
(iii) The casual labour who have worked in offices following a 6 days week for at least 240 days for each year for 3 years or more (206 days in each year for 3 years or more in the case of offices observing 5 day week), will be eligible for this Non-PLB (Ad-hoc Bonus) Payment. The amount of Non-PLB (ad-hoc bonus) payable will be (Rs.1200×30/30.4 i,e.Rs.1184 21 (rounded off to Rs.1184/-). in cases where the actual emoluments fall below Rs.1200/- p.m., the amount will be calculated on actual monthly emoluments.
(iv) All payments under these orders will be rounded off to the nearest rupee.
(v) Various points regarding regulation of Ad-hoc I Non- PLB Bonus are given in the Annexure.
3. The expenditure on this account will be debitable to the respective Heads to which the pay and allowances of these employees are debited.
4. The expenditure to be incurred on account of Non-PLB (Ad-hoc Bonus) is to be met from within the sanctioned budget provision of concerned Ministries/Departments for the current year.
5. In so far as the persons serving in the Indian Audit and Accounts Department are concerned. these orders are issued in consultation with the Comptroller and Auditor General of India.
sd/-
(Amar Nath Singh)
Director
Authority: www.doe.gov.in
Cabinet Approves Productivity Linked Bonus For Railway Employees
Cabinet approves Productivity Linked Bonus for Railway Employees Payment before Dussehra/Puja Festival
Cabinet approves Productivity Linked Bonus for Railway Employees Payment before Dussehra/Puja Festival season Incentive to Improve Productivity and Efficiency of Railways
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to pay Productivity Linked Bonus (PLB) equivalent to 78 days wages to eligible non-gazetted railway employees (excluding RPF/RPSF personnel) for the financial year 2016-17. About 12.30 lakh non-gazetted Railway employees are likely to benefit from the decision. This payment will be made before Dussehra/Puja holidays, bringing a smile to lakhs of families ahead of the festive season.
The payment of PLB would serve as an incentive, and result in motivating a large number of Railway employees, particularly those involved in execution and operations of railways, to improve their productivity and ensure safety, speed and service for Railway customers. Indian Railways operates on the principle of maximum public welfare, and in this context, this bonus payment will help in improving accountability and efficiency in railways operations.
The financial implication of payment of 78 days’ PLB to railway employees has been estimated to be Rs. 2,245.45 crores. The wage calculation ceiling prescribed for payment of PLB is Rs. 7,000/- p.m. The maximum amount payable per eligible railway employee is Rs. 17,951 for 78 days.
