Incentive limit increased to 70% in Chittaranjan Locomotive Works

 

GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS
(RAILWAY BOARD)

 

No.2007/M(PU)/1/11.                                                New Delhi, dated 21-O4-2O11

The General Manager.
Chittaranjan Locomotive Works.
Chittarajan.

 

        Sub: Special Incentive Scheme.

        Ref: CME/Loco/CLW’s letter no.PE/PLO/03 dated 07.02.11.

        Ministry of Railways have approved the Special Incentive Scheme as proposed by CLW subject to the following :-

        1. Incentive bonus limit to be 70%.

        2. Simultaneously, allowed timings should be reduced by 2.5 % at 60% level (with cuts in allowed time being linearly indexed to increase in incentive earning between 50% & 60%, with 0% cut at 50% earning and 2.5% cut at 60% earning).

        3. Allowed time to be further reduced by 1% at 70% level using the same formula of linear indexing between 60-70%.

        5. GM/CLW to advise a time bound target of the implementation of proposed Group incentive Scheme at CIW. All out efforts may be made for switching over to GIS at CLW.

        6 This special incentive scheme is applicable for the year 2011-12. There will be no staff increase and all other terms and conditions would remain the same as were applicable for the year 2010-11.

           This issues with the Concurrence of Finance Dte. of the Ministry of Railways.

           Hindi version will follow.

 

 

s/d
(A. K.Panda)
Director Mech. Engg.(PU),
Railway Board.

More details

CGEN.in Newsletter Subscription…

Enter your Email:
Preview | Powered by FeedBlitz

Also you read….

Next Additional Dearness Allowance Hike Almost Confirmed at 7%..!

Next Additional Dearness Allowance Hike Almost Confirmed at 7%..! The Labour Bureau released the AICPIN points for the month of May yesterday. The AICPIN points, which had remained stagnant at 242 … [Read More...]

Collection of data of Central Government Staff and Officers – 7th Central Pay Commission

Collection of data of  Central Government Staff and Officers - 7th Central Pay Commission The Directorate General of Human Resource Development has published an order regarding the 7th Central Pay … [Read More...]

7TH CPC COMMON MEMORANDUM – AT A GLANCE

7TH CPC COMMON MEMORANDUM – AT A GLANCE Highlights of the Memorandum submitted on issues common to all Central Government employees to Secretary 7th Pay Commission. JCM NC has also submitted Interim … [Read More...]

List of Allowances & Advances increased by 25% due to DA touched to 100% with effect from 1.1.2014.

List of Allowances & Advances increased by 25% due to DA touched to 100% with effect from 1.1.2014.  List of all allowances and advances enhanced by 25% from the existing level from 1st January … [Read More...]

Dont forget to join in our community…