7th Pay Commission: Another good news is coming out for the central employees. Recently, he has already received the gift of 4% dearness allowance.
7th Pay Commission: Another good news is coming out for the central employees. Recently, he has already received the gift of 4% dearness allowance. Now the government can also increase the fitment factor till next year. All kinds of updates are coming out regarding this. The government can review the fitment factor of central employees. According to the news, the government can increase it till next year. With this, there will be a tremendous increase in the basic salary of the employees.
Can get benefit next year
If media reports are to be believed then in the year 2024 it can be reviewed and increased. However, no clear information has been given by the government regarding this yet. A new pay commission may also be formed next year. In such a situation, a decision on the fitment factor is also possible at that time.
Know why fitment is important
The fitment factor is considered very important for central employees. On the basis of this, it is decided that how much the minimum salary (Basic Salary) of the employees will increase. According to the recommendations of the 7th Pay Commission, in addition to allowances in the salary of central employees, the fitment factor in basic salary increases only. Last time due to increase in the fitment factor, there was an increase of more than two and a half times in the salary of central employees.
What is Fitment Factor?
According to the recommendations of the 7th Pay Commission, at present the fitment factor is 2.57. The basic salary of central employees is calculated by multiplying the fitment factor of 7th Pay Commission latest update by 2.57. After the implementation of the 7th Pay Commission, the basic pay was made by adding Grade Pay to the Pay Band of the 6th Pay Commission. In this, the salary of the current entry level was calculated by multiplying the fitment factor by 2.57, from which the salary was prepared according to the pay band of the employees.
How much will there be a jump in salary?
Central employees are getting 2.57 fitment factor in the current system. Based on this, the minimum salary (Fitment factor Basic Salary) is Rs.18000. If it is increased to 3 then the basic salary will be Rs.21000. On the other hand, if it can be increased to 3.68, then the salary will be Rs 25,760. The demand of the employees is that their fitment factor should be increased to 3.68. The minimum salary should be kept at Rs 26000.
