Wednesday, April 24, 2024

Government employees salaries may rise by 44%! major update on the 8th Pay Commission

Government employees have received some wonderful news following the increase in dearness allowance. Employees in every part of the nation are currently receiving salaries through the Seventh Pay Commission, but there have been several complaints from workers that they are not receiving salaries more than what they should be receiving. The administration is requesting the Eighth Pay Commission in light of all of these circumstances.

Government employees

How big will the wage rise be?

According to central employee groups, the minimum salary cap has currently been set at Rs 18,000. The Fitment Factor in the increase has received a lot of attention in this. This factor is 2.57 times, despite the 7th Pay Commission’s recommendation that it be maintained at 3.68 times. The minimum wage for employees will rise from Rs 18000 to Rs 26000 if the government agrees to this.

Government employees

The employees’ salaries grew as a result of the 4th Pay Commission.

Increase in salary – 27.6%
Minimum salary – Rs 750

Employees’ salaries grew as a result of the fifth pay commission.

Increase in salary – 31%
Minimum salary – Rs 2,550 

How much did the 6th Pay Commission raise employee salaries?

The fitment factor boosted pay by 1.86 times.
A pay rise of 54% and a starting wage of Rs 7,000

Government employees

Employee salaries were boosted by the 8th Pay Commission

The Potential pay growth of 44.44%
The potential minimum wage of Rs 26000

According to insiders, the administration may also introduce a new method because the 7th Pay Commission will not be replaced anytime soon. Instead, the government will put in place a system that automatically raises the pay of government workers. If DA is greater than 50%, there may be an “automatic pay revision system” in place, which would result in an automatic wage revision. If this occurs, 52 lakh retirees and 68 lakh employees of the central government will directly benefit.

Read More: Toll plaza tax hiked! Traveling to become more expensive as of today’s midnight

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