Updated By: LatestGKGS Desk
Union approved PLR scheme for port trusts and dock labour board
Cabinet approved Productivity Reward Scheme for majot port trusts and dock labour board employees and workers
The union Cabinet has approved new Productivity Reward Scheme (PLR) for all major port trusts and dock labour board employees and workers for the years 2015-16 and 2016-17.
PLR will be calculated on the enhanced wage ceiling for calculation of bonus.
50% weightage paid to Indian Performance and rest 50% for individual performance
As per wage enhanced ceiling of Rs.7000, the total additional outgo for all major ports and Dock workers/employees is Rs.25.93 crore.
50% of the weightage will be paid to all Indian Performance and 50% weightage given to Individual Port Performance.
In the year 2014-15, Rs.25.93 has already been paid to 41,492 ports and Dock Worker employees as per wage ceiling of Rs.3,500.
This new PLR Scheme will enable better industrial relationship and pleasant work atmosphere in the Port Sector and as a result it will yield better productivity.