Cabinet approves Productivity Linked Bonus & Non-Productivity Linked Bonus for 2019-20
Productivity Linked Bonus
As per the Cabinet statement, it is given to 16.97 lakh non-gazetted employees of commercial establishments like Railways, Posts, Defence, EPFO,ESIC,etc.will be benefitted and the financial implication would be Rs.2,791 crore.
Non- Productivity Linked Bonus
Non-PLB or ad-hoc Bonus is given to Non-Gazetted Central Government employees. 13.70 lakh employees would be benefited and Rs.946 crore will be the financial implication for the same.
Payment of Bonus to be disbursed immediately for their performance in the preceding year. The bonus will be distributed at one instalment and before Vijaya Dashami