- Advertisement -
HomePersonal FinanceGovernment approves 60 day productivity-linked bonus for these employees

Government approves 60 day productivity-linked bonus for these employees

- Advertisement -
- Advertisement -

Diwali Gifts: Ahead of Diwali, the central government has announced a significant gift for its employees. The Department of Posts, Ministry of Communications, issued an official order announcing a productivity-linked bonus for the financial year 2024-25.

According to the order, postal employees will receive a bonus equivalent to 60 days’ salary. This government move recognizes employees’ hard work and provides them financial relief during the festive season.

Which employees will get this bonus?

As per the order of the Postal Department, this bonus will be given to the following categories of employees-

1. Regular employees – Group C, Multi-Tasking Staff (MTS) and non-gazetted Group B employees.

2. Gramin Dak Sevaks – who are employed regularly.

3. Temporary and full-time casual workers

Additionally, employees who have retired, resigned, or gone on deputation after March 31, 2025, will also be eligible for this bonus. The order states that the productivity-linked bonus for all such employees will be payable as per the relevant provisions.

How will the bonus be calculated?

The Postal Department has also provided a clear formula for calculating the bonus. For regular employees:

Bonus = (Average Salary × 60 days ÷ 30.4) However, the maximum salary limit for calculating bonus has been fixed at ₹7,000 per month.

For Gramin Dak Sevaks (GDS)-

The bonus will be decided on the basis of their Time Related Continuity Allowance (TRCA) and Dearness Allowance.

For temporary or full-time casual workers-

They will be given an ad-hoc bonus based on their estimated salary of ₹1,200.

Employees leaving service will also benefit

The order also said that employees who retire, resign or are transferred from the department after March 31, 2025, will also be given bonus on a pro-rata basis.

 

Deepak Kumar
Deepak Kumar
Deepak Kumar has 2 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @deepakmaurya152004@gmail.com
RELATED ARTICLES

Most Popular

Recent Comments