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Last Updated : 2024-04-29 02:09:00
22 December 2023 03:37 pm - 18 - {{hitsCtrl.values.hits}}
The Government has announced that payment of bonuses to the staff of state institutions should be made for the year 2023 only if the particular institution has earned profits during the financial year 2022 and has paid at least 30% of the profit after tax as dividends to the Consolidated Fund.
State Minister of Finance Shehan Semasinghe took to Twitter stating that bonuses for the staff of Commercial Corporations, Statutory Boards and Government Owned Companies for the year 2023 should be granted if the institutions have earned profits during the financial year 2022 and have paid at least 30% of the profit after tax as dividend to the Consolidated Fund.
He said if these institutions have earned profits during the financial year 2022 but have not paid at least 30% of the profit after tax as dividend to the Consolidated Fund, or have recorded a loss during the financial year 2022, then they are not entitled to a bonus based on the profitability of the institution.
Mithun Friday, 22 December 2023 04:00 PM
This is not the time to put forward these conditions now. Should have been informed earlier and asked the institutions accordingly.
Ranga Friday, 22 December 2023 04:49 PM
Are you for real
Losing seat does not matter! Who cares? Friday, 22 December 2023 05:22 PM
Does this prove that Ranil or Kanchana are no more interested in their seats of power? Lanka is the only country that generously pays bonus even while making unbearable loss. After all, it is public money!
Ananda Friday, 22 December 2023 10:52 PM
So are bonuses to be paid what ever the performance outcomes are? Just shows the ridiculous practices that have been adopted previously!
N.M. Perera Friday, 22 December 2023 04:12 PM
Liability are you Parliamentarians. Enjoy all benefits with Tax Money. No return to the Country !!
Tamanna Friday, 22 December 2023 04:29 PM
Fair asking and conditions
Padam Friday, 22 December 2023 05:18 PM
Can there be a single profitable one? Custom or all other tax collecting institutes revenue are for the whole country including all elected or selected one's services with good compensation.
Jeremy Friday, 22 December 2023 07:50 PM
Most of the corporation employees will come to street and finally you may have to pay the money. This is SriLanka.
Chux Friday, 22 December 2023 07:51 PM
These policies should have been practiced long years back
Dee Friday, 22 December 2023 08:31 PM
A future NPP government will do away with all these new conditions by the unelected government. Government servants shall be king! Irrelevant of any profits or loss. They will be given unlimited benefits and perks . Bonuses, increments and all! How? That’ll be a good question? Don’t ask! Just vote for a ‘CHANGE’!
Kps Friday, 22 December 2023 11:16 PM
How about for the Government MPs , PM
Gb Saturday, 23 December 2023 12:02 AM
Good that bonuses aren't being paid, but how will these soe's increase profits? By putting the burden on the public, there will be an increase in charges so they can make profit to get bonuses
Bonus kanna Saturday, 23 December 2023 12:06 AM
Why even ask, basic principles of bonus is to make profits — either money or equivalent. Long forgotten in public sector .. good move
Country Heavily In Debt Saturday, 23 December 2023 02:15 AM
Ridiculous asking for bonus when the country is in debt I guess by now around US 80 billion! Be productive
Raven Saturday, 23 December 2023 07:24 AM
Ranil's government has come ONLY to save the country and to put a lot of things right, irrespective of their popularity. Let the rest look after itself.
Lionel Saturday, 23 December 2023 07:39 AM
Why do these people need to be paid any bonuses anyway. These institutions are heavily overstaffed with useless unskilled political cronies. The bonuses should have been stopped a long time ago regardless of economic bankruptcy. Paying salaries and bonuses to thosands of useless staff was one of the main reasons for the country's bankruptcy.
Citizen k Saturday, 23 December 2023 08:17 AM
A good move, like any private sector your bonus should be based on the bottom line.
Waco Saturday, 23 December 2023 08:23 AM
Elections are closer.
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