Monday, October 18, 2021

Adhoc Bonus for 2020-21 declared for Central Govt. employees

 Non-Productivity Linked Bonus (Ad-hoc Bonus) for Central Government Employees: The Central Government has approved the grant of Non-Productivity Linked Bonus (Ad-hoc Bonus) equivalent to 30 days emoluments for 2020-21 to some Central Government employees.

To calculate Non-PLB (Ad-hoc bonus) for one day, 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.

For example, taking the calculation ceiling of monthly emoluments of Rs. 7000 (where actual average emoluments exceed Rs. 7000), Ad-hoc Bonus for thirty days would be Rs 7000×30/30.4 = Rs 6907.89 (rounded off to Rs.6908.

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