Payment of Bonus Amendment Bill introduced in Parliament - Eligibility and Calculation Ceiling to hike from April 2015 Government introduces bill to hike wage ceiling for bonus to Rs 21,000 Government today introduced a bill in Lok Sabha that seeks to enhance pay eligibility limit of an employee … [Read more...] about Payment of Bonus Amendment Bill introduced in Parliament – Eligibility and Calculation Ceiling to hike from April 2015
Bonus Ceiling
7th Pay Commission recommendations on Bonus Schemes
7th Pay Commission recommendations on Bonus Schemes Bonus Schemes and Performance Related Pay Bonus Schemes in the Central Government : Apart from DAE/DoS, there are bonus payments to Group 'B’ (non-gazetted) and Group 'C’ Central Government employees. The bulk of these employees are covered under … [Read more...] about 7th Pay Commission recommendations on Bonus Schemes
INDWF comments on the Bonus recommendations by 7th CPC
INDWF comments on the Bonus recommendations by 7th CPC INDWF General Secretary Shri.R.Srinivasan published a detailed assesment of the recommendations of 7th Pay Commission. Particularly in the Bonus issue, he said that the bonus is considered as deferred wages and not an incentive. "The … [Read more...] about INDWF comments on the Bonus recommendations by 7th CPC
Central Govt to propose higher ceiling limits for payment of Bonus
Central Govt to propose higher ceiling limits for payment of Bonus Changes under Bonus Act Shri Bandaru Dattatreya, the Minister of State (IC) for Ministry Labour and Employment in reply to a question in Lok Sabha today stated that there is a proposal to increase the eligibility limit and … [Read more...] about Central Govt to propose higher ceiling limits for payment of Bonus
Bonus Schemes and Performance Related Pay
Bonus Schemes and Performance Related Pay Bonus Schemes in the Central Government : Apart from DAE / DoS, there are bonus payments to Group `B’ (non-gazetted) and Group `C’ Central Government employees. The bulk of these employees are covered under the Productivity Linked Bonus (PLB) Scheme, which … [Read more...] about Bonus Schemes and Performance Related Pay