<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>PLB - Rightsofemployees.com</title>
	<atom:link href="https://www.rightsofemployees.com/tag/plb/feed/" rel="self" type="application/rss+xml" />
	<link>https://www.rightsofemployees.com</link>
	<description>Know Your Rights</description>
	<lastBuildDate>Fri, 04 Oct 2024 04:30:14 +0000</lastBuildDate>
	<language>en-US</language>
	<sy:updatePeriod>
	hourly	</sy:updatePeriod>
	<sy:updateFrequency>
	1	</sy:updateFrequency>
	<generator>https://wordpress.org/?v=6.9.4</generator>

<image>
	<url>https://www.rightsofemployees.com/wp-content/uploads/2018/01/cropped-emp1-32x32.png</url>
	<title>PLB - Rightsofemployees.com</title>
	<link>https://www.rightsofemployees.com</link>
	<width>32</width>
	<height>32</height>
</image> 
	<item>
		<title>Railway Employees Bonus: Cabinet has approved giving performance linked bonus to 11.72 lakh railway employees.</title>
		<link>https://www.rightsofemployees.com/railway-employees-bonus-cabinet-has-approved-giving-performance-linked-bonus-to-11-72-lakh-railway-employees/</link>
		
		<dc:creator><![CDATA[Jyoti]]></dc:creator>
		<pubDate>Fri, 04 Oct 2024 04:30:14 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[FINANCE]]></category>
		<category><![CDATA[performance linked bonus]]></category>
		<category><![CDATA[PLB]]></category>
		<category><![CDATA[Railway Employees Bonus]]></category>
		<guid isPermaLink="false">https://www.rightsofemployees.com/?p=33793</guid>

					<description><![CDATA[<p>The Union Cabinet has approved giving Performance Linked Bonus (PLB) to 11.72 lakh railway employees. This bonus will be equal to 78 days&#8217; salary. Its total expenditure will be ₹2,028.57 crore. The purpose of this bonus is to encourage employees for their excellent performance. The central government has announced a performance linked bonus (PLB) equivalent [&#8230;]</p>
<p>The post <a href="https://www.rightsofemployees.com/railway-employees-bonus-cabinet-has-approved-giving-performance-linked-bonus-to-11-72-lakh-railway-employees/">Railway Employees Bonus: Cabinet has approved giving performance linked bonus to 11.72 lakh railway employees.</a> first appeared on <a href="https://www.rightsofemployees.com">Rightsofemployees.com</a>.</p>]]></description>
										<content:encoded><![CDATA[<h3><strong>The Union Cabinet has approved giving Performance Linked Bonus (PLB) to 11.72 lakh railway employees. This bonus will be equal to 78 days&#8217; salary.</strong></h3>
<p>Its total expenditure will be ₹2,028.57 crore. The purpose of this bonus is to encourage employees for their excellent performance.</p>
<p>The central government has announced a performance linked bonus (PLB) equivalent to 78 days&#8217; salary for 11,72,240 railway employees. The total cost of this bonus will be ₹2,028.57 crore. This bonus will be given to employees of various categories, including track maintainers, loco pilots, train managers, station masters, supervisors, technicians, and Group C staff.</p>
<p>According to the statement issued by the government, the purpose of this bonus is to encourage railway employees, so that they work with more enthusiasm to improve the performance of the railways.</p>
<h3><strong>Railways&#8217; performance was excellent</strong></h3>
<p>This year the performance of the railways was excellent. In the financial year 2023-24, the railways carried a record 1588 million tonnes of goods and carried about 6.7 billion passengers. There were many reasons behind this record performance like large-scale capital investment by the government in railways, better technology and improvement in operational capacity. Last year also, the railways had announced a bonus of 78 days, which was given to more than 11 lakh employees. This time under the bonus, an employee will get a maximum of ₹ 17,951.</p>
<h3><strong>Good news for farmers too:</strong></h3>
<p>The Union Cabinet on Thursday approved two major agriculture schemes worth Rs 2 lakh crore to promote sustainable agriculture and ensure food security. The names of these schemes are &#8216;PM Rashtriya Krishi Vikas Yojana&#8217; (PM-RKVY) and &#8216;Krishi Unnati Yojana&#8217; (KY). Of these, the PM-RKVY scheme will promote sustainable farming while the Krishi Unnati scheme will be dedicated to food security and self-reliance in the agriculture sector.</p>
<p>The government said in a post on the social media platform &#8216;X&#8217; that a total of Rs 1,01,321.61 crore will be spent on these two agriculture schemes. Out of this, Rs 57,074.72 crore has been earmarked for RKVY and Rs 44,246.89 crore for Krishonnati Yojana.</p>
<h3><strong>Related Articles:-</strong></h3>
<blockquote class="wp-embedded-content" data-secret="BSKzK5SXsl"><p><a href="https://www.rightsofemployees.com/visa-fees-hike-this-country-hikes-tourist-student-work-visa-fee-by-up-to-60-starting-oct/">Visa Fees Hike: This country hikes tourist, student, work visa fee by up to 60% starting Oct</a></p></blockquote>
<p><iframe class="wp-embedded-content" sandbox="allow-scripts" security="restricted"  title="&#8220;Visa Fees Hike: This country hikes tourist, student, work visa fee by up to 60% starting Oct&#8221; &#8212; Rightsofemployees.com" src="https://www.rightsofemployees.com/visa-fees-hike-this-country-hikes-tourist-student-work-visa-fee-by-up-to-60-starting-oct/embed/#?secret=WCKnBXSQm7#?secret=BSKzK5SXsl" data-secret="BSKzK5SXsl" width="600" height="338" frameborder="0" marginwidth="0" marginheight="0" scrolling="no"></iframe></p>
<blockquote class="wp-embedded-content" data-secret="7b7PNepCm2"><p><a href="https://www.rightsofemployees.com/tax-rules-on-fd-there-are-big-benefits-of-getting-fd-in-the-name-of-wife-do-you-know/">Tax Rules on FD: There are big benefits of getting FD in the name of wife, Do you know?</a></p></blockquote>
<p><iframe class="wp-embedded-content" sandbox="allow-scripts" security="restricted"  title="&#8220;Tax Rules on FD: There are big benefits of getting FD in the name of wife, Do you know?&#8221; &#8212; Rightsofemployees.com" src="https://www.rightsofemployees.com/tax-rules-on-fd-there-are-big-benefits-of-getting-fd-in-the-name-of-wife-do-you-know/embed/#?secret=5FIfFBiM4L#?secret=7b7PNepCm2" data-secret="7b7PNepCm2" width="600" height="338" frameborder="0" marginwidth="0" marginheight="0" scrolling="no"></iframe></p>
<blockquote class="wp-embedded-content" data-secret="vdybw1kuso"><p><a href="https://www.rightsofemployees.com/imd-issued-alert-big-news-heavy-rain-warning-on-5th-and-6th-october-check-weather-condition/">IMD issued alert: Big news&#8230;.! Heavy rain warning on 5th and 6th October, check weather condition</a></p></blockquote>
<p><iframe class="wp-embedded-content" sandbox="allow-scripts" security="restricted"  title="&#8220;IMD issued alert: Big news&#8230;.! Heavy rain warning on 5th and 6th October, check weather condition&#8221; &#8212; Rightsofemployees.com" src="https://www.rightsofemployees.com/imd-issued-alert-big-news-heavy-rain-warning-on-5th-and-6th-october-check-weather-condition/embed/#?secret=K6CSWqwg2B#?secret=vdybw1kuso" data-secret="vdybw1kuso" width="600" height="338" frameborder="0" marginwidth="0" marginheight="0" scrolling="no"></iframe></p><p>The post <a href="https://www.rightsofemployees.com/railway-employees-bonus-cabinet-has-approved-giving-performance-linked-bonus-to-11-72-lakh-railway-employees/">Railway Employees Bonus: Cabinet has approved giving performance linked bonus to 11.72 lakh railway employees.</a> first appeared on <a href="https://www.rightsofemployees.com">Rightsofemployees.com</a>.</p>]]></content:encoded>
					
		
		
			</item>
		<item>
		<title>Government order issued: Good news for employees, will get postal bonus, Ex-Gratia benefit including PLB, amount will increase in account</title>
		<link>https://www.rightsofemployees.com/government-order-issued-good-news-for-employees-will-get-postal-bonus-ex-gratia-benefit-including-plb-amount-will-increase-in-account/</link>
		
		<dc:creator><![CDATA[Pravesh Maurya]]></dc:creator>
		<pubDate>Thu, 13 Oct 2022 18:02:38 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[FINANCE]]></category>
		<category><![CDATA[Central employees]]></category>
		<category><![CDATA[Department of Posts]]></category>
		<category><![CDATA[Ex-Gratia]]></category>
		<category><![CDATA[Government order issued]]></category>
		<category><![CDATA[PLB]]></category>
		<category><![CDATA[postal bonus]]></category>
		<guid isPermaLink="false">https://www.rightsofemployees.com/?p=5449</guid>

					<description><![CDATA[<p>Big announcements are being made continuously by the central department regarding the central employees. The process of giving them gifts before Diwali is going on. On one hand, dearness allowance of 7th pay commission employees has been increased. At the same time, bonus has been approved by the Railways to the employees. Meanwhile, orders have [&#8230;]</p>
<p>The post <a href="https://www.rightsofemployees.com/government-order-issued-good-news-for-employees-will-get-postal-bonus-ex-gratia-benefit-including-plb-amount-will-increase-in-account/">Government order issued: Good news for employees, will get postal bonus, Ex-Gratia benefit including PLB, amount will increase in account</a> first appeared on <a href="https://www.rightsofemployees.com">Rightsofemployees.com</a>.</p>]]></description>
										<content:encoded><![CDATA[<p><strong>Big announcements are being made continuously by the central department regarding the central employees. The process of giving them gifts before Diwali is going on. On one hand, dearness allowance of 7th pay commission employees has been increased.</strong></p>
<p>At the same time, bonus has been approved by the Railways to the employees. Meanwhile, orders have now been issued by the Department of Posts on payment of ex gratia including poster bonus and PLB for its employees. For this, calculation and policy rules have also been fixed, which is necessary for the employees to know. Soon the amount of bonus will be seen in the account of the employees.</p>
<p>According to the order issued, it has been directed to convey the approval of the President of India for payment of Productivity Linked Bonus equivalent to 60 (sixty) days&#8217; emoluments to the employees of the Department of Posts in MTS/Group &#8216;C&#8217; and Non-Gazetted Group &#8216;B&#8217; . Ex-gratia payment of bonus to Gramin Dak Sevaks, who are regularly engaged after completing all engagement formalities, and also ad-hoc payment of bonus to temporary laborers awarded temporary status for 60 (sixty) days for the same period To be paid equal to allowance/wages.</p>
<p><strong>Productivity Linked Bonus will be calculated on the basis of the following formula:-</strong></p>
<p>Average Emoluments X Number of Bonus Days<br />
30.4 (Average Number of Days in a Month)</p>
<ul>
<li>“Emoluments” for regular departmental employees include Basic Pay in the Pay Matrix, Dearness Pay, Allowance to Faculty Members in Training Institutes, Deputation (Duty) Allowance, Dearness Allowance and Training Allowance. 7000/- (Rupees seven thousand only) in any month during the accounting year 2021-22, the emoluments will be limited to Rs.7000/- (Rupees seven thousand only) per month only.</li>
<li>Dividing the “average emoluments” for a regular employee by twelve, the total salary for the period from 1.4.2021 to 31.03.2022 during the year 2021-22, each month&#8217;s salary will get Rs.7000/- per month . However, for EOL and DICE-NON periods in a given month, proportionate deduction will be required from the ceiling of Rs.7000/-.</li>
<li>In the case of employees who were under suspension during the accounting year, or who were charged with death or both, the Explanation Order issued under Para 1 and 3 respectively of this Officer&#8217;s Order No. 26-8/80-PAP ( Pt.I) dated 11.6.1981 and No. 26-4/87-PAP (Pt.II) dated 8.2.1988 shall be applicable.</li>
<li>Those employees who have resigned/retired or left the service or went on deputation within the Department of Posts or who have gone on deputation outside the Department of Posts after 31.03.2022 will also be entitled to bonus. In the case of all such employees, the admissible productivity linked bonus shall be as per the provisions of paras 2.1 to 2.3 above.</li>
</ul>
<h3><strong>Gramin Dak Sevak (GDS)</strong></h3>
<ul>
<li>In respect of GDS who were on duty throughout the year during 2021-22, the average monthly Time Related Continuity Allowance will be calculated as Time Related Continuity Allowance (TRCA) and 1.4. From 2021 to 31.3.2022 divided by 12. Where Time Related Continuity Allowance exceeds Rs.7000/-. Allowance in any month during this period will be limited to Rs.7000/- per month. The ex-gratia payment of bonus can be calculated by applying the bonus formula as given below:</li>
</ul>
<p>Average TRCA x Number of Bonus Days<br />
30.4 (Average Number of Days in a Month)</p>
<ul>
<li>In respect of those GDS who were engaged in short term vacancies in Postman / MTS cadre, the O.M. No. 23-01/2019-GDS dated 23.10.2019, the allowance drawn by option will not count towards ex-gratia bonus calculation for either officiating or incumbent GDS. ,</li>
<li>If a GDS has been on duty for a part of the year by way of fresh appointment, or to be removed from duty, or to leave the service, he shall be entitled to a proportionate ex-gratia bonus calculated by applying the procedure laid down in para 3.1 above. will be paid.</li>
<li>Those Gramin Dak Sevaks who have resigned/discharged or left the service after 31.03.2022 will also be entitled for proportionate ex-gratia bonus. In the case of all such Gramin Dak Sevaks, the ex-gratia bonus admissible will be as per the provisions of para 3.1 above.</li>
<li>In the case of Gramin Dak Sevaks who were deferred during the accounting year, or on whom death-non was imposed, or both, vide this Office Order No. 26-08/ 80-PAP (Pt-I) dated 11.6.1981 and No. 26-04/87-PAP(P.II]) dated 8.2.1988 shall come into force.</li>
</ul><p>The post <a href="https://www.rightsofemployees.com/government-order-issued-good-news-for-employees-will-get-postal-bonus-ex-gratia-benefit-including-plb-amount-will-increase-in-account/">Government order issued: Good news for employees, will get postal bonus, Ex-Gratia benefit including PLB, amount will increase in account</a> first appeared on <a href="https://www.rightsofemployees.com">Rightsofemployees.com</a>.</p>]]></content:encoded>
					
		
		
			</item>
	</channel>
</rss>
