Bonus Calculation – CG Staff News https://cgstaffnews.in Gazetted Holiday List ✓ Restricted Holiday List ✓ School Holiday List ✓ Election Holidy List ✓ Court Holiday List Fri, 05 Jul 2019 07:12:49 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.3 https://cgstaffnews.in/wp-content/uploads/2020/08/cropped-cgstaffnews-logo-32x32.jpg Bonus Calculation – CG Staff News https://cgstaffnews.in 32 32 Grant of Non-Productivity Linked Bonus (ad-hoc bonus) to Central Government Employees for the year 2015-16 https://cgstaffnews.in/grant-of-non-productivity-linked-bonus-ad-hoc-bonus-to-central-government-employees-for-the-year-2015-16/ https://cgstaffnews.in/grant-of-non-productivity-linked-bonus-ad-hoc-bonus-to-central-government-employees-for-the-year-2015-16/#respond Tue, 04 Oct 2016 02:29:28 +0000 http://www.cgstaffnews.in/?p=7613 Read more]]> Grant of Non-Productivity Linked Bonus (ad-hoc bonus) to Central Government Employees for the year 2015-16

No.7/24/2007/E III (A)
Government of India
Ministry of Finance
Department of Expenditure
(E III-A Branch)

North Block,New Delhi
3rd October,2016

OFFICE MEMORANDUM

Subject: Grant of Non-Productivity Linked Bonus (ad-hoc bonus) to Central Government Employees for the year 2015-16.

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 2015-16 to the Central Government employees in Groups ‘C’ and ‘D’ 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:-

(i) Only those employees who were in service as on 31.3.2016 and have rendered at least six months of continuous service during the year 2015-16 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 NonPLB (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) The clarificatory orders issued vide this Ministry’s OM No.F.14 (10)-E.Coord/88 dated 4.10.1988, as amended from time to time, would hold good.

3. The expenditure on this account will be debilable 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

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Enhancement of Bonus Ceiling – Orders issued by Finance Ministry on 29.8.2016 https://cgstaffnews.in/enhancement-of-bonus-ceiling-orders-issued-by-finance-ministry-on-29-8-2016/ https://cgstaffnews.in/enhancement-of-bonus-ceiling-orders-issued-by-finance-ministry-on-29-8-2016/#respond Tue, 30 Aug 2016 08:04:59 +0000 http://www.cgstaffnews.in/?p=7363 Read more]]> Grant of Productivity Linked Bonus (PLB) and non-productivity Linked Bonus (Ad-hoc bonus) in case of Central Government employees for the accounting year 2014-15 – enhancement of the calculation ceiling- Regarding.

No.7/4/2014-E-IIIA
Government of India
Ministry of Finance
(Department of Expenditure)

North Block, New Delhi
Dated the 29th August, 2016

Office Memorandum

Subject: Grant of Productivity Linked Bonus (PLB) and non-productivity Linked Bonus (Ad-hoc bonus) in case of Central Government employees for the accounting year 2014-15 – enhancement of the calculation ceiling- Regarding.

The undersigned is directed to invite attention to this Ministry’s 0M No.7/24/2007/E-lll.A dated regarding grant of non-productivity Linked Bonus (Ad-hoc Bonus) to the Central Government employees for the accounting year 2014-2015, whereby the calculation ceiling for the purpose of payment of ad-hoc bonus was monthly emoluments of Rs.3500. The Productivity Linked Bonus (PLB) in case of Central Government employees working under certain Ministries/Departments, where such PLB was in operation in 2014-15, was also paid by the respective Ministries/Departments for the accounting year 2014-15 based on the concurrence of this Ministry with the calculation ceiling at monthly emoluments of Rs. 3500.

2. The question of enhancement of the calculation ceiling for the purpose of payment of PLB and non-PLB (ad-hoc bonus), as the case may be, to the Central Government employees has been considered and the President is pleased to decide that the calculation ceiling of monthly emoluments for the purpose of payment of PLB and ad-hoc bonus, as the case may be, shall be revised to Rs.7000 w.e.f. 01.04.2014, i.e., for the accounting year 2014-15.

3. Accordingly, the PLB or ad-hoc bonus, as the case may be, as already paid to the eligible Central Government employees for the accounting year 2014-15 in terms of the above 0M dated 16.10.2015 pertaining to ad-hoc bonus and the respective sanctions issued by the concerned Ministries/Departments in respect of PLB under the respective schemes in operation during 2014-15 based on the specific concurrence of this Ministry, shall be re-worked out based on the calculation ceiling of monthly emoluments of Rs.7000 instead of Rs.3500.

4. While re-working out payment of PLB or ad-hoc orders, as the case may be, under these orders for the accounting year 2014-15, all the other terms and conditions under which the payment was made shall remain unchanged.

5. In respect of their application to the employees working in the Indian Audit and Accounts Departments, these orders are issued in consultation with the office of the Comptroller and Auditor General of India.

6. Hindi version of this order will follow.

sd/-
(Amar Nath Singh)
Director

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Bonus calculation ceiling revised from April 2014 – Arrears of bonus likely! https://cgstaffnews.in/bonus-calculation-ceiling-revised-from-april-2014-arrears-of-bonus-likely/ https://cgstaffnews.in/bonus-calculation-ceiling-revised-from-april-2014-arrears-of-bonus-likely/#comments Wed, 23 Dec 2015 08:19:11 +0000 http://www.cgstaffnews.in/?p=4392 Read more]]> Bonus calculation ceiling revised from April 2014 – Arrears of bonus likely!

LS passes Bonus Bill; benefits to accrue from April 2014

The Lok Sabha on Tuesday passed a bill allowing doubling of wage ceiling for calculating bonus to Rs 7,000 per month for factory workers with establishments with 20 or more workers, with the benefits being applicable retrospectively from April 2014.

The Payment of Bonus (Amendment) Bill, 2015, was passed by a voice vote, with some members objecting to the raising of eligibility limit for payment of bonus from a salary of Rs 10,000 per month to Rs 21,000.

Replying to a debate on the legislation, Labour Minister Bandaru Dattatreya said the Government has ensured that the interest of workers are protected and there is no infringement on their justifys.

“Because of Bihar Elections this bill got delayed… The Prime Minister spoke to me and asked why should the benefits of this Act should accrue to workers from 2015. It should be made available from the April 2014,” he said while moving an official amendment to the Bill.

The official amendment provides that the benefits of the Act would be deemed to have come into force on April 1, 2014, instead of April 1, 2015.

Dattatreya said the Ministry has held 21 tripartite meetings with all central trade unions while arriving at a decision.

The Bill provides for enhancing monthly bonus calculation ceiling to Rs 7,000 per month from the existing Rs 3,500.

It also seeks to enhance the eligibility limit for payment of bonus from Rs 10,000 per month to Rs 21,000 per month.

“The Government’s paramount intention is to safeguard the interest of workers… There is no infringement of workers’ justifys and whatever the government does will be in the interest of workers,” Dattatreya said.

After the bill was passed, Deputy Speaker M Thambidurai, who was in the Chair, said the government should be congratulated for bringing the measure as also for effecting the benefits retrospectively.

Source: DDI News

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Bonus Schemes and Performance Related Pay https://cgstaffnews.in/bonus-schemes-and-performance-related-pay/ https://cgstaffnews.in/bonus-schemes-and-performance-related-pay/#respond Tue, 24 Nov 2015 04:39:25 +0000 http://www.cgstaffnews.in/?p=3960 Read more]]> Bonus Schemes and Performance Related Pay

Bonus Schemes in the Central Government : Apart from DAE/DoS, there are bonus payments to Group `B’ (non-gazetted) and Group `C’ Central Government employees. The bulk of these employees are covered under the Productivity Linked Bonus (PLB) Scheme, which is implemented in Railways, Posts and Telecommunications, production units under the Ministry of Defence and other establishments.

The functioning of the PLB Scheme was reviewed in 1982-83 by a Group of officers. The Group of officers also considered the demands for grant of bonus made by those Central Government employees who were not covered by the PLB Scheme. The Group suggested evolution of a productivity linked bonus scheme for Central Government employees as a whole. Based on the recommendations of the Group, and pending evolution of a single scheme of bonus for employees, an Adhoc Bonus Scheme was evolved and the remaining employees, who were not covered by the PLB Scheme, were allowed ex-gratia payment. The Commission notes that the financial outgo on these two bonus schemes stood at ₹1847.08 crore for the year 2013-14.

 These Bonus schemes have no clear, quantifiable targets and performance evaluation of any individual, therefore, is not possible in an objective fashion. The Commission notes that Ministry of Finance has been insisting on revision of the PLB Scheme. It has been suggested, inter-alia, that the PLB scheme should be on the basis of an input-output ratio, should be based on productivity and profitability and that productivity should be assessed on financial parameters based on profitability of the organisation.

The VI CPC too had recommended that all departments should ultimately replace the existing PLB Schemes with PRIS. The VI CPC further opined that in places where PLB is applicable and it is not found feasible to implement PRIS immediately, the existing PLB schemes may be continued in a modified manner where the formula for computing the bonus has a direct nexus with the increased profitability/productivity under well-defined financial parameters.

The Commission notes that since PRIS could not be implemented, it could not supplant the existing system of Performance Linked and Adhoc Bonus Schemes.

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Bonus 2015: Advance against bonus admissible for ESIC Employees https://cgstaffnews.in/bonus-2015-advance-against-bonus-admissible-for-esic-employees/ https://cgstaffnews.in/bonus-2015-advance-against-bonus-admissible-for-esic-employees/#respond Fri, 16 Oct 2015 05:20:34 +0000 http://www.cgstaffnews.in/?p=3587 Read more]]> Payment of advance against the Productivity Linked Bonus admissible for the employees of ESI Corporation – 2014-15 – regarding

HEADQUARTERS OFFICE
EMPLOYEES’ STATE INSURANCE CORPORATION,
PANCHDEEP BHAWAN, CIG MARG, NEW DELHI-2
WEBSITE: wwvv.esic.nic.in IPh.-Oll-23234092.

NO.G-31/11/1/2005 – E.III

Dated: 15.10.2015

MEMORANDUM

Sub: Payment of advance against the Productivity Linked Bonus admissible for the employees of ESI Corporation – 2014-15 – regarding.

Approval of the Competent Authority is hereby communicated for the payment of advance against the Productivity Linked Bonus (PLB) equal to 60 (Sixty) days’ wages subject to the maximum of RS.7000/- (rupees seven thousand only) to the employees of the Corporation for the year 2014-15. The payment of the advance is subject to the condition that an undertaking (in the enclosed proforma) to the effect that “the advance will be adjusted against the PLB due for the year 2014-15 and any excess payment detected towards PLB for the year 2014-15 would be refunded forthwith“, shall be submitted by each eligible employee. The payment of advance is subject to the same terms and conditions that are applicable to the grant of PLB and are appended.

Payment of advance against bonus to adhoc employees and those who superannuated or retired on invalidation on medical grounds or died while in service before the last working day of February of the relevant year will be governed by the instruction issued by this office Memo. No, G-31/1 1/1/86-E.11Idated 02..03-1988, No. V-37/1 1/1/81 – E.III dated 22-02-1988 and No,G-31/11/1/88 – E.III dated 10-07-1989.

The Drawing and Disbursing Officer of the respective Regional Office/Sub-Regional Office may draw the advance aqainst the PLB in respect of staff working in outstation Branch Offices also for presentation to J.D. (F)/O. D. (F) concerned.

The Joint Director (Fin.)/Dy. Director (Fin.) will honour the bills submitted by the DDO and pay the proceeds under the existing procedure in the respective Regions/Sub-Regions.

The amount of advance against the PLB for the year 2014-15 may be paid to the eligible employees by 16.10.2015 under intimation to this office. The number of such employees who have been paid the advance may also be intimated. In case it is not possible to credit the advance amount into the bank J.Vcof the individual employee on 16.10.2015, cash payment of advance may be considered on specific request of the employee to alleviate hardship.

Hindi version will follow.

(S.K.SINHA)
DIRECTOR

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