8th Pay Commission: Level 1 and Level 10 salaries compared under 2.1, 2.5 and 3.0 fitment factors
New Delhi, July 14 -- The 8th Pay Commission completed its meeting in Kokalata on 10 July. The discussions held during this visit provided a platform for concerned stakeholders, organisations, associations and unions to present their views and grievances to the Commission.
The 8th Pay Commission will hold more meetings across the country and consider all views before recommending revisions to salaries, allowances, pensions and a new fitment factor.
The fitment factor is one of the most important variables determining eventual salaries and allowances. It will have a major impact on salary hikes, as it is the multiplier used to revise an employee's basic pay. The higher the multiplier, the higher the revised basic pay and consequently the...
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