Amendment to the payment of Bonus Act – Revision of calculation of wages from Rs.3500/- p.m. to Rs.7000/- p.m. w.e.f. 01.04.2014 – Payment of P.L.Bonus to Railway employees at revised rate of Rs.7000/-p.m.for the year 2014-15-reg NFIR National Federation Of Indian Railwaymen 3, Chelmsford Road, … [Read more...] about Amendment to the payment of Bonus Act – Revision of calculation of wages from Rs.3500/- p.m. to Rs.7000/- p.m. – NFIR
BONUS CALCULATION
Bonus hike bill passed with effect from April 2014
Bonus hike bill passed with effect from April 2014 Arrears of bonus (2014-15) likely ! The Lok Sabha on Tuesday passed a bill allowing doubling of wage ceiling for calculating bonus to Rs 7,000 per month for factory workers with establishments with 20 or more workers, with the benefits being … [Read more...] about Bonus hike bill passed with effect from April 2014
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
Bonus 2015 – Advance against the Productivity Linked Bonus admissible for the employees of ESI Corporation
Payment of advance against the Productivity Linked Bonus admissible for the employees of ESI Corporation – 2014-15 – regarding HEADQUARTERS OFFICE EMPLOYEES’ STATE INSURANCE CORPORATION, PANCHDEEP BHAWAN, CIG MARG, NEW DELHI-2 WEBSITE: wwvv.esic.nic.in IPh.-Oll-23234092. NO.G-31/11/1/2005 – … [Read more...] about Bonus 2015 – Advance against the Productivity Linked Bonus admissible for the employees of ESI Corporation