Government to Consider Increasing Minimum Wages for Central Employees
Central employees can expect a significant increase in their minimum wages as the government considers their demands. If the government approves this proposal, employees can expect an increase of 44.44% in their salary.
7th Pay Commission and Employee Fitment Factor
Central employees are set to receive a big gift from the government in the coming days. This includes an increase in their dearness allowance and minimum wages, which has been a long-standing demand of the employees. Additionally, employees have also been calling for the constitution of a new Pay Commission.
A Possible 44.4% Increase in Salary
At present, there has been no official confirmation from the government regarding the minimum wage hike. The current fitment factor for central employees is 2.57, but employees are requesting an increase to 3.68 times. While the government may consider increasing it to 3 times, if the fitment factor is increased to 3.68 times, employees’ wages will see an increase of 44.4%.
Updates on the Fitment Factor
The fitment factor is currently being paid under the 6th Pay Commission, but employees are pushing for an increase under the 7th Pay Commission. The government may increase it to 3 or 3.68 times under the 7th Pay Commission, and the review report may be sent to the Finance Department. This decision may be taken in 2023, with preparations for implementation in 2024.
Expected Salary Increases
If the fitment factor of the employees is increased to 3 times, their basic salary of ₹15500 can increase to ₹39835. Along with this, their dearness allowance will also increase. An employee with a basic salary of ₹18000 can see an increase to ₹21000 or ₹26000. An increase of ₹3 to 8 thousand can be seen in their minimum salary, and a more than 44% increase in their overall salary is also possible.
Final Thoughts
Central employees can expect a significant increase in their minimum wages if the government approves this proposal. This increase can make a huge difference in their lives, and the government may take an important decision on this matter in the coming days.
Follow DelhiBreakings on Google News
Sorted points by DelhiBreakings.com team.
👉 The government may soon increase the minimum wages of central employees.
👉 The demand of employees for a wage hike may be considered by the government.
👉 If the fitment factor is increased to 3.68 times, employees’ wages could increase by 44.4%.
👉 The fitment factor is currently 2.57, but employees are demanding an increase to 3.68 times.
👉 The increase in fitment factor could be implemented under the 7th Pay Commission.
👉 The decision will be taken in 2023, with implementation possible from 2024.
👉 The basic salary of employees could increase from ₹15,500 to ₹39,835 if the fitment factor is increased.
👉 An increase of ₹3,000 to ₹8,000 in minimum salary is possible.
👉 The government may take an important decision on this soon.
For Superfast national news and Delhi Breaking Stories visit us daily at https://delhibreakings.com
Something went wrong. Please refresh the page and/or try again.