F. No. 5(1)/2018-MGMT Government of India Ministry of Heavy Industries and Public Enterprises Department of Public Enterprises Block No.14, CGO Complex, Lodi Road, New Delhi-110003 Dated the 23rd June, 2020 OFFICE MEMORANDUM Subject : Extension of timelines for recording of Annual Performance Appraisal Reports (APAR) for the year 2019-2020 for Board level incumbents of … [Read more...]
Performance Related Pay (PRP) : Method for calculating Kitty factor / Allocable profit
Performance Related Pay (PRP): Examples for calculating Kitty factor/Allocable profit Payment of Performance Related Pay (PRP) : Pay revision of Executives and Non-Unionised Supervisors of CPSEs from 1st Jan 2017 PRP Kitty Distribution : within 5% of profit accruing from core business activities (hereinafter, for brevity, referred to as Profit). Ratio of relevant year’s … [Read more...]
Payment of Performance Related Pay (PRP) : Pay revision of Executives and Non-Unionised Supervisors of CPSEs from 1st Jan 2017
No.W-02/0004/2018-DPE (WC)-GL- X/20 Government of India Ministry of Heavy Industries & Public Enterprises Department of Public Enterprises Public Enterprises Bhawan, Block No.14, CGO Complex, Lodhi Road, New Delhi-110003. Dated, the 1st July, 2020 OFFICE MEMORANDUM Subject :- Pay revision of Board level and below Board level Executives and Non-Unionised Supervisors … [Read more...]
Freezing of Dearness Allowance to employees drawing CDA pay scales
F. No. W-02/0038/2017-DPE (WC)-GL-IX/20 Government of India Ministry of Heavy Industries & Public Enterprises Department of Public Enterprises Public Enterprises Bhawan, Block 14, CGO Complex, Lodi Road, New Delhi-110003, the 28th April, 2020 OFFICE MEMORANDUM Subject : - Freezing of Dearness Allowance to employees drawing CDA pay scales at current rates till July, … [Read more...]
IDA from April 2020 for IDA scales of pay in CPSE on 1987 and 1992 basis
F.No.W-02/0003/2014-DPE(WC)-GL-VIII/20 Government of India Ministry of Heavy Industry & Public Enterprises Department of Public Enterprises Public Enterprises Bhawan Block 14, CGO Complex, Lodi Road, New Delhi 110003 Dated: 3rd April, 2020 OFFICE MEMORANDUM Subject :- Payment of DA to Board level/below Board level executives and non-unionized supervisors following … [Read more...]