THE PRODUCTIVITY LINKED BONUS
Cabinet approves Rs 3,737 crore bonus for 30 lakh central government employeesThe decision to give a productivity-linked bonus and non-productivity-linked bonus for 2019-2020 was taken at the Union Cabinet meeting, Mi...
- Central govt employees not covered under PLB scheme to get upto Rs 7,000 as monthly ad-hoc bonus
The grant of non productivity-linked bonus (non-PLB) or ad-hoc will be applicable only to those employees who were in service on March 30, ...
- Railway unions call off stir after cabinet approves productivity-linked bonus
The All India Railwaymen's Federation (AIRF) had on Friday threatened to launch "direct action" on October 22. The cabinet has approved the...
- Railway union calls for 'direct action' if productivity linked bonus not paid by October 20
AIRF general secretary Shiv Gopal Mishra said railwaymen worked 24X7 during the COVID-19 pandemic but the government was ignoring this "leg...
- ICICI Pru announces bonus of Rs 788 crore for FY20 on participating products
This is the 14th consecutive year of bonus payout by the insurer to its policyholders, and the current payout will benefit 9 lakh customers...
- Softer rate regime to impact guaranteed-return products
“Yields were in excess of 5% for guaranteed products with maturity of 10-15 years. These products will now have to be redrawn and repriced,...
- Mukesh Ambani to forgo salary, hydrocarbons staff face 10% cut
Salaries of those earning less than Rs 15 lakh a year in the hydrocarbons business have been left unchanged.
- Government extends productivity-linked reward scheme for major port employees
"PLR will be calculated on the existing wage ceiling for calculation of bonus at Rs 7,000 per month. This scheme is fostering better indust...
- 10 changes IRDAI has proposed in 2019 to make motor insurance a simpler product
This year, a separate third-party insurance category for electric vehicles (EVs) was issued. Further, to increase the sale of EVs, the thir...
- Govt approves 78-day wages as productivity bonus to railway employees: Javadekar
This is for the sixth consecutive year that productivity linked bonus is being given to railway employees.
- Compassionate capitalists: India Inc is putting purpose before profit
Woke millennials, promoters and changes in the ethos of capitalism are nudging cos onto a more virtuous path.
- Survey for national minimum wage linked to geographic region or skill
“The central government should notify a ‘national floor minimum wage’ that can vary broadly across five geographical regions,” the survey s...
- Expecting a mega annual bonus? Here’s how to make best use of it
One must carefully plan for the hard-earned money instead of splurging it on one-off expenses.
- Make CAGR the norm for all financial products
A lot of mis-selling in financial products can stop if other regulators impose simple CAGR rule.
- Cabinet approves 78 days productivity-linked bonus for rail employees
The Union Cabinet on Wednesday approved 78 days productivity-linked bonus for non-gazetted rail employees, Finance Minister Arun Jaitley sa...
- Railway employees to get 78-day wages as bonus
The Cabinet meeting chaired by Modi approved the pay productivity-linked bonus (PLB) equivalent to 78-day wages to eligible non-gazetted ra...
- Government clears bonus for rail employees
Railways had proposed to give 78 days wages as productivity-linked bonus, the same as the last three years, despite the financial crunch.
- Union Cabinet clears Railway bonus for 2012-13
The Union Cabinet today cleared a proposal of Railways to give its employees 78-day wages as bonus for 2012-13.
- Railways may declare Productivity Linked Bonus equivalent to 78 days' wages in festive season
Railways is planning to give Productivity Linked Bonus (PLB) equivalent to 78 days' wages to its 12 lakh employees in the festive season.
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