8th Pay Commission: Will the fitment factor for salary hikes be in the 3-5 range? Experts don't think so
India, June 13 -- The 8th Central Pay Commission is preparing to submit its recommendations regarding revisions in salaries, allowances and pension structures of government employees to the Centre.
In regards to this, the CPC is touring the country and holding consultations with various stakeholders, and has urged the submission of memorandums or suggestions from central government employees on its website.
One of the aspects that employee unions and stakeholders have been vocal about is the fitment factor, which plays a key role in the revision of basic salary. Most organisations have demanded a fitment factor of 3 to 5.
Simply put, fitment factor is a multiplier used by the Government of India to revise the basic pay and pensions of ...
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