Payment of Performance Related Pay with examples
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
Subject:- Pay revision of Board level and below Board level Executives and Non-Unionised Supervisors of Central Public Sector Enterprises(CPSES) w.e.f. 01.01.2017- Examples on Payment of PRP – regarding.
The undersigned is directed to refer DPE’s OM No W-02/0028/2017- DPE(WC)- GL-XIII/17 dated 03.08.2017 regarding Pay revision of Board level and below Board level Executives and Non-Unionised Supervisors of CPSEs w.e.f. 01.01.2017.
2 DPE guidelines on 2017 pay revision which, inter-alia, includes new methodology for calculation of PRP are applicable to all the Board level and below Board executives. Accordingly, the kitty factor with restriction of 100% of basic pay explained for calculating PRP is applicable to all the executives including Board level executives.
3. For the sake of more clarity and unambiguity, DPE has framed one more example of PRP Pay-out in case of CMD, Schedule A CPSE, which is illustrative in nature. All CPSEs are requested to review their PRP calculations in conformity to para 2 above and in line with example annexed to this OM. Deviations in past, if any may also be corrected.
4. All administrative Ministries/Departments of the Government of India are requested to bring the above to the notice of CPSEs under their administrative control and to comply with the DPE’s guidelines strictly.
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P A KISHORE says
My humble appeal to Hon.PM of India is to immediately discontinue the following in the interest of PSUs and Nation too. Being rare 42 years continued honest and dedicated service retired employee, I humbly submit;
1. One side Govt.of India paying lakhs of monthly wages to PSU employees to perform their duties in the interest of Govt. organizations. Another side paying annually Performance Related Pay PRP spending crores. Wonderful for same service two benefits.
2. Six days week working is suitable to Advanced countries. To country like India where we are encouraging employees to sleep 2 days at home and become lazy. When i was in service i demanded but Congress Govt.is silent. Further Govt. Works are pending without disposal months together. To curtail heavy expenditure on Electricity and Petrol consumption they introduced 6 days week. Govt.vehivles are freely moving on roads on week end holidays for the use by officers and their families. Due to two days week end holidays some times joining more holidays employees lavishly moving on roads with their vehicles. It is foolish decision. In the interest of Nation 6 days week be reintroduced besides immediately withdrawing PRP. P.A.KISHORE. PH.9441268023.