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Showing posts with label Bonus Calculation for Central Government Employees. Show all posts
Showing posts with label Bonus Calculation for Central Government Employees. Show all posts

Saturday, 5 October 2019

Bonus (Ad-hoc bonus) Calculation for Central Government Employees

Bonus (Ad-hoc bonus) Calculation for Central Government Employees

<div dir="ltr" style="text-align: left;" trbidi="on"> <b>Bonus (Ad-hoc bonus) Calculation for Central Government Employees</b><br /> <br /> <div class="separator" style="clear: both; text-align: center;"> <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjIbf8Gs-lPjo9_Ma1ba2r_arfZdw_UyTo7O40sMkGbsFTZ0vAIltfuOZDMnxM4fVBrO2VaWGBE1I5XB3RlCKUFXA8rC_FGvkk7ukMI7jJQeZMSe6-eZ-cfazMTlDf-vYZNS71bDYr7PNo/s1600/Bonus+%2528Ad-hoc+bonus%2529+Calculation+for+Central+Government+Employees.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="Bonus (Ad-hoc bonus) Calculation for Central Government Employees" border="0" data-original-height="550" data-original-width="700" height="251" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjIbf8Gs-lPjo9_Ma1ba2r_arfZdw_UyTo7O40sMkGbsFTZ0vAIltfuOZDMnxM4fVBrO2VaWGBE1I5XB3RlCKUFXA8rC_FGvkk7ukMI7jJQeZMSe6-eZ-cfazMTlDf-vYZNS71bDYr7PNo/s320/Bonus+%2528Ad-hoc+bonus%2529+Calculation+for+Central+Government+Employees.jpg" title="Bonus (Ad-hoc bonus) Calculation for Central Government Employees" width="320" /></a></div> <b>&nbsp;</b><br /><br /><b>Bonus Calculation for CG Employees</b><br /><br /><b>How to Calculate Bonus</b><br /><br />The calculation ceiling for payment of ad-hoc Bonus under these orders shall be monthly emoluments of Rs.7000/-.<br /><br />To calculate Non-PLB (Ad-hoc bonus) for one day, the average emoluments in a month will be divided by 30.4 (average number of days in a month). This will, thereafter, be multiplied by the number of days of bonus granted.<br /><br />Also check: <a href="https://www.centralgovernmentnews.com/diwali-bonus-for-central-government-employees-2019-clarification-of-14-points/" target="_blank">Clarification for 14 Points 7th Pay Commission Bonus</a><br /><br />To illustrate, taking the calculation ceiling of monthly emoluments of Rs. 7000 (where actual average emoluments exceed Rs. 7000), Non-PLB (Ad-hoc Bonus) for thirty days would work out to <b>Rs. 7000×30/30.4 = Rs.6907.89 (rounded off to Rs.6908/-).</b><br /><br />Also read: <a href="https://www.centralgovernmentnews.com/30-days-non-productivity-linked-bonus-ad-hoc-bonus-granted-to-central-government-employees-for-the-year-2018-19/" target="_blank"><b>Bonus for CG Employees – Non productivity linked bonus</b></a></div>


Bonus Calculation for CG Employees

How to Calculate Bonus

The calculation ceiling for payment of ad-hoc Bonus under these orders shall be monthly emoluments of Rs.7000/-.

To calculate Non-PLB (Ad-hoc bonus) for one day, the average emoluments in a month will be divided by 30.4 (average number of days in a month). This will, thereafter, be multiplied by the number of days of bonus granted.

Also check: Clarification for 14 Points 7th Pay Commission Bonus

To illustrate, taking the calculation ceiling of monthly emoluments of Rs. 7000 (where actual average emoluments exceed Rs. 7000), Non-PLB (Ad-hoc Bonus) for thirty days would work out to Rs. 7000×30/30.4 = Rs.6907.89 (rounded off to Rs.6908/-).

Also read: Bonus for CG Employees – Non productivity linked bonus
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