The central government employees are very eager to know
their pay scales after 7th Pay
Commission implementation. There are many articles on the web what would be the
pay scales after the 7th pay commission is finally declared. One
such website
prepared a pay scale chart for central government employees guessing what would
be the 7th Pay Commission’s possible pay scales.
The central government employees are very eager to know their pay scales after 7th Pay Commission implementation. There are many articles on the web what would be the pay scales after the 7th pay commission is finally declared.
The central government employees are very eager to know their pay scales after 7th Pay Commission implementation. There are many articles on the web what would be the pay scales after the 7th pay commission is finally declared.
7th Pay Commission Pay Structure '
7th Pay Commission Expected Pay
Scales (NEW)
7th Pay Commission Pay Scale Expectations
Basing on the earlier pay commissions from 1st pay
commission to 6th pay commission the 7th CPC
pay scale chart is prepared. We Employment News Today are publishing
this chart below for our regular visitors to estimate their basic pay
and salary in 7th Pay Commission. This is only an
expectation and the readers are advised not to think this as final and please
wait until the 7th CPC report is finally
declared.
A number of wage hike
projections are going round presuming a uniform multiplying factor band between
2.5 and 3.5 taking into account the initial pay scales; but in effect the hike
may not be that much, but may be likely in the range between 10% and 30% on the
actual gross salary drawn prior to 1st
January 2016, the expected date of implementation of the 7th Pay
Commission recommendations.
What would be the 7th Pay Commission Pay
Scales?
What are central government employees expecting after 7th
Pay Commission?
What are the possible recommendations of 7th
Pay Commission?
When will be the 7th Pay Commission declared?
What is 7th Pay Commission Board is discussing now?
What is 7th Pay Commission Board is discussing now?
Find all the answers for your doubts on 7th Pay Commission
Best website to get the news on 7th Pay
commission
Know your basic pay with our 7th Pay
Commission projected pay scales chart
Calculate your salary with
our 7th pay commission Calculator
The 7th CPC also would adopt Dr. Aykroyd formula
for the computation of the minimum wage and thereafter the fitment formula is
calculated.
Fitment formula = Minimum wage / Rs 7000
The Staff Side (JCM) has calculated the fitment
formula of 3.72 that is Rs 26000/ Rs 7000 as on 1st Jan 2014.
The 7th CPC has hinted that the date of effect of
the 7th CPC shall be from 1st Jan 2016. In this context the minimum wage and
fitment formula, should be as follows.
The increase in prices between 1st Jan 2014 to
1st July 2015 is 18% as the DA as on 1st Jan 2014 was 100% and likely DA as on
1st July 2015 is 118%, In actual terms the retail prices have increased by over
25%. Even considering the 18% hike in prices from 1st Jan 2014 to 1st July 2015
and adding 7 % likely hike in prices for the period 1st July 2015 to Jan 2016
it works out to 25% hike in minimum wage.
Minimum wage calculated by the Staff Side (JCM)
using Dr. Aykroyd formula as on 1st Jan 2014 was Rs 26,000/-
Adding 25% hike in prices between 1st Jan 2014 to
1st Jan 2016, the minimum wage should be Rs 32,000/- and accordingly the
fitment formula should work out to 4.5 times.
If we calculate the minimum wage as on 1/1/2016
using the Dr. Aykroyd formula taking into account the current retail prices in
Bangalore. It works out Rs 27,000/- and fitment formula as 3.85.
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