Premium
This is an archive article published on March 22, 2011

For performing babus,Centre clears cash incentive plan

The scheme will allow for up to 15 of the money saved to be distributed.

The Centre has approved a performance related incentive scheme PRIS that will allow babus performing well to avail of cash incentives from the next fiscal onwards.

A committee of secretaries chaired by Cabinet Secretary K M Chandrasekhar approved the scheme last fortnight and has asked the Department of Expenditure to work out guidelines for its implementation.

To avail of the incentive scheme,government departments will have to get a performance rating of 70 per cent or more on the results framework document RFD a performance evaluation mechanism implemented by 62 ministries and departments since last year besides installing biometric access control in its offices.

The scheme will not put additional burden on the exchequer the incentives will be paid out of cost savings made by the department in that fiscal. The scheme will allow for up to 15 of the money saved to be distributed.

Secretary and joint secretary level officers will get cash incentives based on the departments performance; junior employees will be paid on the basis of individual performance.

Employees will be able to avail the first cash incentives only for 2012-13,given that the performance evaluation system has been in place since last year.

The initial work on the incentive scheme was done by the Indian Institute of Management,Ahmedabad IIMA, though the government did go through an extensive process of consulting stakeholders at all levels.

 

Latest Comment
Post Comment
Read Comments
Advertisement
Advertisement
Advertisement
Advertisement