Bonus of Rs. 7000/- to Central Government Employees not justifiable – Govt replies to Staff Side JCM

Amendment of Bonus Act passed in the Parliament provides for increase in Bonus Calculation Ceiling to Rs. 7000/- (for 30 days) – However, Govt has not accepted the demand of Staff Side JCM for paying adhoc Bonus applicable for Central Government Employees at par with this amendment

Increase in Bonus Limit to Rs. 7000 – Staff Side JCM urges for issue of executive orders

After enactment of Payment of Bonus (Amendment) Bill 2015, Bonus eligibility ceiling has been increased to Rs. 21,000 and Bonus Ceiling has been fixed at Rs. 7000. So, if Basic Pay plus DA of an employee is less than or equal to Rs. 21,000 then he / she will be eligible for PLB / Adhoc Bonus

7th Pay Commission Report on Bonus and Performance Related Pay

7th CPC recommends that the PRP should subsume the existing Bonus schemes. The Commission notes that there could be a time lag in implementing the Performance Related Pay by different departments. Till such time, the existing Bonus Schemes should be reviewed and linked with increased profitability/productivity under well-defined financial parameters

Productivity Linked Bonus admissible for the employees of ESI

Productivity Linked Bonus admissible for the employees of ESI Corporation for the year 2012-13 HEADQUARTERS OFFICE EMPLOYEES STATE INSURANCE CORPORATION PANCHDEEP BHAWAN, CIG MARG, NEW DELHI-2 No. G-31/11/1/2005-E-III Dated: 28/03/2014 Sub: Productivity Linked Bonus admissible for the employees of ESI Corporation – 2012-13 – regarding Consequent upon approval of Ministry of Labour & Employment and in continuation…