Rly staff to get Productivity Linked Bonus
New Delhi, Oct 12, 2022, By Special Correspondent
New Delhi, Oct 12: The Union Cabinet Wednesday approved payment of Productivity Linked Bonus (PLB) to railway employees for 2021-22.
The meeting of the cabinet was chaired by Prime Minister Narendra Modi, an official release said here.
Payment of PLB to eligible railway employees is made each year around Dussehra-Diwali festival season.
This year also, PLB amount equivalent to 78 days wages has been paid to about 11.27 lakh non-gazetted Railway employees. The maximum amount payable per eligible railway employee is Rs. 17,951/- for 78 days.
The amount has been paid to various categories like track maintainers, drivers & guards, station masters, supervisors, technician, technician helper, controller, pointsmen, ministerial staff & other Group ‘C’ staff.
The financial implication of payment of PLB to railway employees has been estimated to be Rs 1,832.09 crore.
The decision for payment of PLB has been taken despite adverse financial situation caused by post Covid-19 challenges.
The actual number of PLB days paid is more than the days worked out on the basis of defined formulae.
The payment of PLB acts as an incentive to motivate the railway employees for working towards improvement in the performance of the Railways.