The Minister said: "We have made no decision at all in relation to the Christmas bonus. Grant of Non-Productivity Linked Bonus (ad-hoc bonus) to Central Government Employees for the year 2019-20 October 21, 2020 Read more… Payment of Productivity Linked Bonus to All Eligible Non-gazetted Railway Employees for the Financial Year 2019-20 October 21, 2020 Read more… Lakhs of permanent, contractual, and daily wage earners of the state government will be provided benefit under advance festival scheme. Delivery Lite is the most easy-to-use WordPress theme, you won't find a thousand options in it, just install and you ready to change the world! No. The Year-End Bonus equivalent to one (1) month basic pay as of October 31 and Cash Gift of P5,000 shall be given to entitled government personnel not earlier than November 15 of the current year, subject to the following conditions: Thank you for subscribing to our daily newsletter. The memo is intended to help managers apply clear and defined performance standards in their review process and help agencies reward truly outstanding people as well as address low-performing employees. Kolkata, Noida, Gurgaon,
For all the latest Business News, download Indian Express App. Ahead of Dussehra, the Centre announced bonus for year 2019-2020 which will benefit 30 lakh non-gazetted employees. Apart from them, 13.70 lakh non-gazetted central government employees will get non-PLB of Rs 946 crore, the government release said. To ensure that the employees get the benefit of this scheme before Diwali, the state government has directed the departments concerned to ensure its implementation in letter and spirit. Under the LTC scheme, the employees would be required to spend three times the LTC fare component to purchase items that attract 12 per cent or more Goods and Services Tax (GST). The All India Railways Federation had called for a nationwide two-hour strike on October 22, demanding immediate disbursal of the bonus. Sometimes they’ll include recommendations for other related newsletters or services we offer. The year-end bonus is equivalent to a full month’s salary, while the cash-gift amounts to … N. Parashar09718686800 Ref: Confdn/ Bonus/ 2020 Dated: 14.10.2020 To Smt. Payment of bonus to non-gazetted employees for their performance in the preceding year is usually made before Durga Puja/Dussehra season. "We are already going to have a very, very large deficit for this year but I do know as well that the Christmas Bonus does provide a lot of support to those who need it at an important time of the year. The Government is providing two additional Economic Support Payments of $250 to pensioners and other eligible recipients to assist them through the ongoing financial challenges they are facing as a result of the Coronavirus. Central Government Employees Retirement Age, Cabinet approves Productivity Linked Bonus and non-Productivity Linked Bonus for Central Government employees 2019-2020 – PIB, Grant of Bonus to Central Government Employees before Durga Puja – Confederation Writes to Finance Minister, Status of Cadre Review Proposals as on 31.10.2020 – Latest DoPT Orders 2020, AFFDF – Appeal of Department of Ex-Servicemen Welfare to donate minimum of Rs. The beneficiaries include 17 lakh non-gazetted employees from commercial establishments like railways, post office, EPFO, ESIC who will get their productivity-linked bonus and other 13 lakh government employees who will get their non-productivity-linked bonus. This comes after Finance Minister Nirmala Sitharaman last week announced a Leave Travel Concession (LTC) voucher scheme, which can be availed by private sector employees as well, and a festival advance for government employees to spur consumption demand. “We encourage agencies to reexamine, and adjust as appropriate, the balance between rating-based awards and individual contribution awards (e.g., special act awards). But with thousands now in receipt of the Pandemic Unemployment Payment it has been suggested the Budget might not allow for a bonus this year. Nirmala Sitharaman, Hon’ble Finance Minister, Government of India, Ministry of Finance, North Block New Delhi – 110001 Sub: Grant of eligible Bonus … explains more about how we use your data, and your rights. The announcement brings cheer among government employees as uncertainty loomed large over bonus announcement this year, owing to Covid-19 pandemic. Copyright © 2020 The Indian Express [P] Ltd. 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Weekly Allowance The full statutory Weekly Allowance payable every six months is as follows: Central Government Employees Bonus News 2020: Union Minister Prakash Javadekar said that the total financial implication of this bonus will be Rs 3,737 crores and it will be given in a single installment, through direct #CabinetDecisions, — PIB India (@PIB_India) October 21, 2020. Government has rejected an order purportedly issued by the Railway Minister claiming that it will give Productivity Linked Bonus to eligible non-gazetted railway employees in 2019-2020. Ahead of Dussehra, the Centre announced bonus for year 2019-2020 which will benefit 30 lakh non-gazetted employees. 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When calculating part of the bonus it can be worked out at €0.74 per calendar day including Saturdays and Sundays. Finance Minister Paschal Donohoe has said that no decision has yet been made on the social welfare Christmas bonus for 2020. But as there was no announcement until Wednesday, government employees were apprehending that they might not get bonus this time.