Friday, November 20, 2015

7th CPC Pay Fixation with examples

7th CPC Pay Fixation with examples Pay Fixation in the New Pay Structure : The fitment of each employee in the new pay matrix is proposed to be done by multiplying his/her basic pay on the date of implementation by a factor of 2.57.  The figure so arrived at is to be located in the new pay matrix, in the level that corresponds to the employee’s grade pay on the date...

Multiplication Factor / Fitment Formula recommended by 7th Pay Commission

Multiplication Factor / Fitment Formula recommended by 7th Pay Commission 7th CPC recommended the Multiplication Factor proposed is 2.57 Fitment : The starting point for the first level of the matrix has been set at Rs. 18,000. This corresponds to the starting pay of Rs.7,000, which is the beginning of PB-1 viz., Rs.5,200 + GP 1800, which prevailed on 01.01.2006, the...

7th Pay Commission Standard Pay Scale : Pay matrix with distinct Pay Levels

7th Pay Commission Standard Pay Scale : Pay matrix with distinct Pay Levels Seventh CPC is recommending a Pay matrix with distinct Pay Levels instead of Running Pay bands and Grade Pay. The new pay matrix for civilian employees Authority: http://7cpc.india.gov.in...

7th CPC: Highlights of Recommendations of 7th Central Pay Commission

7th CPC: Highlights of Recommendations of 7th Central Pay Commission Recommended Date of implementation: 01.01.2016 Minimum Pay: Based on the Aykroyd formula, the minimum pay in government is recommended to be set at Rs.18,000 per month. Maximum Pay: Rs.2,25,000 per month for Apex Scale and Rs.2,50,000 per month for Cabinet Secretary and others presently at the same pay level. Financial...

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