You are here: Home » PTI Stories » National » News
Business Standard

Cabinet approves payment of productivity-linked bonus for non-gazetted railway staff

Press Trust of India  |  New Delhi 

The Cabinet on Wednesday approved payment of productivity-linked bonus (PLB) equivalent to 78 days' wages to all eligible non-gazetted Railway employees, excluding RPF and RPSF personnel, for the 2017-18 financial year.

Around 11.91 lakh non-gazetted Railway employees are likely to benefit from this decision.

The financial implication of payment of 78 days' productivity-linked bonus to railway employees has been estimated at Rs 2,044.31 crore, a statement said.

The wage calculation ceiling prescribed for payment of PLB to eligible non-gazetted railway staff is Rs 7,000 per month and the maximum amount payable per eligible railway employee for 78 days is Rs 17,951, it said.

Productivity-linked bonus is paid each year before the Dusshera and Puja holidays.

For the year 2017-18 PLB equivalent to 78 days' wages will be paid, which is expected to motivate the employees for working towards improving the performance of the Railways, the statement said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, October 10 2018. 15:35 IST
RECOMMENDED FOR YOU