Media reports on 7th CPC are totally wrong and not true – Karnataka COC Prepare for struggle on 7th CPC issues. Comrades, The Staff side had demand of minimum wage of Rs 26000/- & fitment formula of 3.71. Against this the 7th CPC had recommended minimum wage of Rs 18000/- & fitment formula of 2.57. The 7th CPC recommendations has provided only at 14% wage hike at … [Read more...] about Media reports on 7th CPC are totally wrong and not true – Karnataka COC
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7th CPC Multiplication Factor
7th CPC Pay Fixation with examples
7th CPC Pay Fixation with examples Pay Fixation in the New Pay Structure : The fitment of each employee in the new pay matrix is proposed to be done by multiplying his/her basic pay on the date of implementation by a factor of 2.57. The figure so arrived at is to be located in the new pay matrix, in the level that corresponds to the employee’s grade pay on the date of … [Read more...] about 7th CPC Pay Fixation with examples
Report of 7th pay panel may not be having satisfying recommendations
Report of 7th pay panel may not be having satisfying recommendations 7th pay commission is going to submit its report on 20th November 2015 and 15 % hike is recommended Report from news circle says that 7th pay commission is going to submit its report on 20th November 2015 and 15 % hike is recommended After submission , it is believed that the outcome of 7th cpc … [Read more...] about Report of 7th pay panel may not be having satisfying recommendations
Multiplication Factor – A Crucial Indicator for determining the Basic Pay of 7th Pay Commission
Multiplication Factor – A Crucial Indicator for determining the Basic Pay of 7th Pay Commission It is well known that Multiplication Factor 1.86 was being used by the 6th Pay Commission to calculate the new revised basic pay. The 6th Pay Commission had initially suggested 1.74, but it was later modified to 1.86. The Multiplication Factor was arrived at by adding dearness … [Read more...] about Multiplication Factor – A Crucial Indicator for determining the Basic Pay of 7th Pay Commission
7th Pay Commission Recommendations has begun to emerge!
7th Pay Commission Recommendations has begun to emerge! “It doesn’t come as a surprise that even bits and morsels of information about the recommendations, which is being eagerly expected by nearly 50 lakh employees and pensioners, make headlines.” The recommendations of the 7th Pay Commission have slowly started to make their way to the media in the form of unconfirmed news. … [Read more...] about 7th Pay Commission Recommendations has begun to emerge!