Showing posts with label formula for productivity Linked Bonus. Show all posts
Showing posts with label formula for productivity Linked Bonus. Show all posts

Tuesday, July 14, 2015

Bonus Ceiling, eligibility limits and minimum bonus without linking to loss – Agenda for 46th Session of Indian Labour Conference.

“Amendment of Bonus Act – Removal of conditions on payment ceiling, eligibility limits, decisions to pay minimum bonus without linking to loss when the performance indicator satisfy grant of bonus”.

47th Session of Standing Labour Committee revises agenda for 46th Session of Indian Labour Conference

In a meeting held here on 10th July,2015, 47th Session of Standing Labour Committee shortlisted agenda items for detailed deliberation in the 46th Session of Indian Labour Conference.

Bonus Ceiling, eligibility limits and minimum bonus without linking to loss – Agenda for 46th Session of Indian Labour Conference

“Amendment of Bonus Act – Removal of conditions on payment ceiling, eligibility limits, decisions to pay minimum bonus without linking to loss when the performance indicator satisfy grant of bonus”.

47th Session of Standing Labour Committee revises agenda for 46th Session of Indian Labour Conference

In a meeting held here on 10th July,2015, 47th Session of Standing Labour Committee shortlisted agenda items for detailed deliberation in the 46th Session of Indian Labour Conference.

Sl. No.                                                       Agenda Item
1. Implementation of the conclusions / recommendations of the 43rd, 44th and 45th Indian Labour Conference, particularly on Contract Labour, Minimum Wages and Scheme Workers and Tripartite Mechanism.

2. Social Security for the workers both in organized and unorganized sector.

3. Amendment of Bonus Act – Removal of conditions on payment ceiling, eligibility limits, decisions to pay minimum bonus without linking to loss when the performance indicator satisfy grant of bonus.

4. Labour Laws amendments proposed/done either by the Central or State Governments.

5. Employment and Employment Generation.

The Standing Labour Committee (SLC), a tripartite body is a pre-curs or to the Indian Labour Conference(ILC). As a matter of practice, and to maintain continuous dialogue with social partners, meetings of these apex bodies are convened once in a year to discuss the topical issues concerning labour. All the 12 Central Trade Union Organisations, Central Organisations of employers, all State Governments and Union Territories and Central Ministries/Departments concerned with the agenda items, are the members of the ILC and SLC.

Source: PIB
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Monday, February 16, 2015

Committee for evolving a new formula for productivity Linked Bonus (PLB) on Indian Railways.

Government of India
Ministry Of Railways
Railway Board

No.E(P&A)II-2013/PLB-8

New Delhi, dt.11-02-2015

The General Secretary,

AIRF,
4, State Entry Road,
New Delhi – 110 055
The General Secretary,

NFIR,
3, Chelmsford Road,
New Delhi – 110 055.

Sub: Committee for evolving a new formula for productivity Linked Bonus (PLB) on Indian Railways.

Sir,

I am directed to state that Ministry of Railways have constituted a Committee of Additional Members vide Board’s Letter No.ERB-I/2014/23/15 dt.21.3.2014 for evolving a new formula for productivity Linked Bonus on Indian Railways Keeping in view the recommendations of the Sixth Central Pay Commission and the views of the Ministry of Finance.

The Committee has held a number of meetings and deliberated on the issue and arrived at a proposed formula for calculation of PLB.

The Committee has been mandated by Board to discuss the issue with the Federations before submitting its recommendations for consideration/approval of appropriate authority. Accordingly, the draft report containing the proposed formula arrived at by the committee is sent herewith for furnishing your views within 15 days positively to enable the committee to finalize its recommendations.

Yours faithfully,

Sd/-
For Secretary/Railway Board
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