Productivity Linked Bonus for Railway Employees
Posted on: 20/Oct/2014 8:09:03 AM
The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi gave its ex-post facto approval for the payment of Productivity Linked Bonus (PLB) equivalent to 78 days` wages for the financial year 2013-14 to all eligible non-gazetted Railway employees.
The financial implication of payment of 78 days` PLB to railway employees has been estimated to be Rs. 1063.38 crores. The wage calculation ceiling prescribed for payment of PLB to eligible non-gazetted Railway employees is Rs. 3500/- p.m. About 12.60 lakh non-gazetted Railway employees are likely to benefit from the decision. The PLB on Railway covers all non-gazetted Railway employees (excluding RPF/RPSF personnel) throughout the country. This year also, PLB equivalent to 78 days` wages has been paid as a special case to motivate employees.
