Explain productivity linked bonus, Financial Accounting

Assignment Help:

Q. Explain Productivity linked bonus?

The grant of productivity-linked bonus is intended to provide substantial motivation towards achieving higher productivity by way of increased out put by the employees and improved quality of service.

The productivity shall be determined on the basis of revenue traffic tone kilometers achieved each year, derived from thee audited and financial year 1977-78 has been adopted as base year for this purpose.

The scheme is applicable to -

a) All Railway employees other than Railway protection force.

b) Casual Labour having temporary status and substitutes with not less than 120 days continuous service.

c) Daily rated casual labour employed of projects having completed continuous service of 180 days.


Related Discussions:- Explain productivity linked bonus

Explain irs, The IRS is conducting a transfer pricing examination of USAco,...

The IRS is conducting a transfer pricing examination of USAco, a wholly-owned U.S. subsidiary of FORco. USAco purchases widgets from FORco for resale in the United States. The IRS

Example on investment appraisal method, Q. Example on investment appraisal ...

Q. Example on investment appraisal method ? Contribution per unit = 3·00 - 1·65 = $1·35 per unit Total annual contribution = 20000 × 1·35 = $27000 per year Annual cash fl

Fund flow, Fund flow Math problem and solution.

Fund flow Math problem and solution.

Types of temporary differences-financial statement, Types of temporary diff...

Types of temporary differences There are two main types of temporary differences; 1) Taxable temporary difference : If the carrying amount is more than the tax base then

Bankrupt person-bankruptcy and liquidation, Bankrupt person A bankrupt ...

Bankrupt person A bankrupt is a person against whom an adjudication order has been made by the court primarily on the grounds of his insolvency. Any person (other than a body c

Accounting objectives, Accounting objectives Accounting has two main ob...

Accounting objectives Accounting has two main objectives: To assist control over the assets and liabilities, and the income and expenditure of the enterprise; and To

State the term reliability- accounting information, State the term Reliabil...

State the term Reliability- Accounting Information Accounting must be free from significant error or bias. It must be capable of being relied upon by managers to represent

Determine pension expense for the year ended december 31, Part A: The follo...

Part A: The following information relates to Company A's defined benefit pension plan during the current fiscal year: Plan assets (beginning of the year) $400 (all number are in $m

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd