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Productivity Linked Bonus

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Indian Railway has declared Productivity Linked Bonus (PLB) equivalent to 77 (Seventy seven) days wages without any ceiling on wages for eligibility for the financial year 2009-10.
Well, an average railway employee expected two and a half month salary as Bonus. But one has to read the rest of the story to find out the cruel joke jointly played by our Railway Board babus and Railway employee unions.
Maximum amount of PLB will be Rs. 8860 /- calculated as if 'wages' are Rs. 3500/-p.m.
Are the union wallas not ashamed to announce 77 days of Bonus through huge posters throughout the country while the employee actually get a paltry sum ??

Comments

I completed training in

I completed training in October and given posting in November last year. Am I eligible for bonus about to come this year. If yes what would be amount

You will get bonus only if

You will get bonus only if you were posted before March 2014. If you are posted in Nov 2013 you will get proportionate amount for 5 months.

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