Showing posts with label Railway Bonus. Show all posts
Showing posts with label Railway Bonus. Show all posts

Payment of Productivity Linked Bonus to all eligible non-gazetted Railway employees for the financial year 2012-2013.

GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS
RAILWAY BOARD

RBE No. 101 / 2013

No. E(P&A)II-2013/PLB-5

New Delhi, dated : 04.10.2013

The General Managers/CAOs,
All Indian Railways & Production Units etc.
(As per mailing lists No.1 & 2).

Subject : Payment of Productivity Linked Bonus to all eligible non-gazetted Railway employees for the financial year 2012-2013.

   The President is pleased to sanction Productivity Linked Bonus (PLB) equivalent to 78 (Seventy Eight) days wages without any ceiling on wages for eligibility for the financial year 2012-13 to all eligible non-gazetted Railway 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.

The Cabinet Approved 78 days Productivity Linked Bonus for Railway Employees.

   The Union Cabinet today approved the proposal of the Ministry of Railways for payment of Productivity Linked Bonus (PLB) equivalent to 78 days wages for the financial year 2012-13 for all eligible non-gazetted railway employees.

   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 Gross Traffic Receipt (GTR) during 2012-13 is Rs. 1.24 lakh crore showing an increase of 18.85 per cent against GTR of Rs. 1.04 crore during 2011-12. This increase of GTR was 10.13 per cent during 2011-12 as against 2010-11 and 8.71 per cent during 2010-11 as against 2009-10.

   The financial implication is estimated to be Rs. 1043.43 crore. 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.

Payment of Productivity Linked Bonus to Railway employees for the year 2012- 13—reg.

 

No.A1RF1387/13/ NFIR/1/l0/Pt.IV

Dated: 17/09/2013

The Chairman,
Railway Board,
Rail Bhavan,
New Delhi

Dear Sir,

Sub:- Payment of Productivity Linked Bonus to Railway employees for the year 2012- 13—reg.

   The Railway Board are aware that due to the continued initiatives of both the Federations involving all categories of employees, the efficiency of the Indian Railways has been improving from year to year. It is worth-mentioning that over three decades, not a single man day was lost and this has been possible due to the matured approach on the part of the two major railwaymen’s Federations.