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Lakhs of government employees of the country are waiting for the new pay commission with great anticipation. After all, this is the system that decides the increase in their salary. The question in the mind of every employee is that when the 8th Pay Commission will be implemented, how much will their salary increase and how will they get the benefit from it. Let us understand this in simple language. There will be a significant increase in the salary. Last time when the 7th Pay Commission came in the year 2016, there was a good increase in the basic salary of the employees. Now it is the turn of the 8th Pay Commission after 2025. It is expected that the new Pay Commission will bring a big good news for the employees and there may be a bumper increase in their basic salary. The government may soon form a panel. Till now the government has not made any official announcement for the 8th Pay Commission, but the market of discussions is hot. It is believed that soon a panel can be formed for this, which will work on ways to increase the salary of the employees. The most discussed issue is that this time how much ‘fitment factor’ will be kept, because it plays the biggest role in increasing the salary. What is this fitment factor? Fitment factor is a kind of number, by which the new salary is decided by multiplying your old basic salary. While deciding this, things like inflation and economic condition of the country are kept in mind. Its simple objective is that all the employees should get the benefit of salary increase equally and properly. DA will be added to the basic salary. Till now, whenever a new pay commission is formed, it adds the Dearness Allowance (DA) received by the employees to their basic salary. Then the new salary is decided by applying fitment factor on the total amount. For example, when the 7th Pay Commission came in 2016, at that time the employees were getting 125% DA. Suppose someone’s basic salary was Rs 10,000, then after adding DA of Rs 12,500, the total became Rs 22,500. By giving an increase on this, the new salary was fixed and the fitment factor was fixed at 2.57. What will be the fitment factor this time? This time also it is expected that the government will adopt the old method. First your existing DA will be added to the basic salary and then the total amount will be increased as per the fitment factor. Employees’ organizations are hoping that in view of inflation, this time the fitment factor may be 3.0 or more, so that they can feel the real benefit of salary increase. In short, the 8th Pay Commission can bring a big and positive change in the lives of crores of employees. Keeping in mind their expectations, if the government implements a good fitment factor by adding DA to the basic salary, it will be a big relief for them. Now everyone is just waiting for the government’s decision.
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North India Statesman