SO FAR VISITED

SO FAR VISITIED
please visit postalguide100.blogspot.in - Solved question Paper IPO 2012 Paper III and model question papers for various examination

Monday, October 4, 2010

KNOW ABOUT BONUS


The bonus is equivalent of emoluments of 60 (sixty) days to the employees of Department of Posts in Group ‘D’, Group ‘C’ and non-gazetted Group ‘B’. Ex-Gratia payment of Bonus to Gramin Dak Sevaks

who are regularly appointed after observing all appointment formalities, and Ad-hoc payment of bonus to Casual labours who have been conferrred Temporary status are also to be paid equivalent to allowances / wages respectively for 60 dyas for the same period.

Calculation of Bonus:

Bonus will be calculated on the basis of the following formula:

The average emoluments in a year 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. To illustrate, taking the calculation ceiling of Rs. 3500

3500×60/30.4

3500*60/30.4=6907.89 (rounded off to---- RS 6908/- )

No comments:

Post a Comment

LinkWithin

Related Posts Plugin for WordPress, Blogger...