CALCULATION OF INDIAN RAILWAYS EMPLOYEE BONUS
METHOD OF CALCULATION OF PRODUCTIVITY LINKED BONUS(PLB) OF INDIAN RAILWAY:-
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FIXED BASIC PAY FOR CALCULATION OF BONUS=Rs.7000/month
Then,Pay of 12 months i.e 365 days =12xRs7000/- =Rs.84000/=
Then pay of 1 day=Rs.84000/365=Rs230.14
Therefore pay of 78 days(as government has declared)=Rs23014 x 78=Rs 17950.92=Rs 17951/=
NOTE;Rs7000/month is fixed basic pay for all non gazetted railway employees for calculation of productivity linked bonus irrespective of emplyee's different basic pay.
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