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StaffCorner

28 Sep, 2016 10:12 PM

Cabinet approves productivity-linked bonus to railway staff

Cabinet approves productivity-linked bonus to railway staff As a festive sop, the Union Cabinet on Wednesday approved the payment of Productivity Linked Bonus (PLB) for railway men, equivalent to 78 days wages. This will have a financial impact of Rs 2090.96 crore this year.

All non-gazetted railway employees — excluding Railway Protection Force and Railway Protection Special Force — will be eligible for the bonus.

The payment of bonus will be made before Dussehra and Puja holidays. "Payment of PLB would result in motivating a large number of railway employees to improve the performance of the Railways and enhance the productivity levels further besides maintaining industrial peace," the government said in a statement on Wednesday.

Productivity-linked bonus is paid to about 12 lakh railway employees every year. During the last financial year, the minimum bonus paid was about Rs. 8,975 per employee.



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