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Thursday, October 18, 2012

Dept. of Posts : Productivity Linked Bonus of 60 days equivalent of emoluments

1.1 The calculation for the purpose of payment of Bonus under each category will be done as indicated below.

2. REGULAR EMPLOYEES:

2.1 Bonus will be calculated on the basis of the following formula:-

Average emoluments X Number of days of Bonus 30.4 (Average no. of days in a month)

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