About 11.58 lakh non-gazetted employees of the Railways will get a bonus equal to 78 days’ salary for the year 2019-20. The total amount of this Productivity Linked Bonus (PLB) to the railway employees is estimated to be Rs 2081.68 crore. Explain that in the meeting of the Union Cabinet on Wednesday, the proposal of the Railway Ministry to give PLB equal to 78 days salary in the financial year 2019-20 for all non-gazetted railway employees (except RPF / RPSF personnel) was approved.
Bonus will be received before Dussehra
The maximum limit of salary calculation fixed for payment of PLB is Rs 7000 per month. The maximum amount of money per eligible railway employee is Rs 17951 for 78 days. In the case of railways, the PLB covers all non-gazetted railway employees spread across India. It is paid to eligible railway employees every year before the Dussehra / Durga Puja holidays. This year too, this bonus will reach the employees’ account before Dussehra.
Employees will get encouragement
The payment of PLB for the financial year 2019-20 is expected to give employees an incentive to work towards improving the performance of the railway. It is also expected to help increase consumer sparing and boost demand in festive times.
During the COVID period this year, the railway employees have worked very hard. Be it the case of labor special trains or the movement of essential goods such as grain, fertilizer, coal etc. or completing 200 important maintenance projects in lockdown which will increase safety and efficiency in railway operations.