Railways Employees to Receive ₹2,028 Crore Bonus for Performance
Over 11.72 lakh non-gazetted railway staff will receive a bonus equivalent to 78 days' wages, marking the first use of the seventh pay commission for this calculation.
- The Union Cabinet approved the productivity-linked bonus to reward railway employees for their performance in the fiscal year 2023-24.
- The bonus will benefit various categories of railway staff, including track maintainers, loco pilots, and station masters.
- The maximum bonus amount for eligible employees is set at ₹17,951, calculated based on the seventh pay commission.
- Railway unions had pushed for the bonus calculation to reflect the new pay scale, arguing the previous method was outdated.
- The bonus distribution is expected to occur before the Dussehra and Diwali holidays, though an exact date has not been announced.