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StaffCorner

23 Sep, 2014 09:41 AM

60 days bonus declared for postal employees

60 days bonus declared for postal employees
Department of Posts has issued order for release of 60 days of Productivity linked bonus for the year 2013-14. This productivity Linked Bonus is payable to Group ‘D’ / MTS, Group ‘C’ and non-gazetted Group ‘B’.

Ex-gratia payment of Bonus to Gramin Dak Sevaks who are regularly appointed after observing all appointment formalities and Ad-hoc payment of bonus to Casual Labourers who have been conferred Temporary Status are also to be paid equivalent to allowances / wages respectively for 60 days for the same period

The Calculation for the purpose of payment of bonus under each category will be done as indicated below.

Regular Employees

Bonus will be calculated on the basis of following formula

Average emoluments X Number of days of bonus/ 30.4 (Average number of days in a month)

View the order at NFPE blog



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