Empowered Committee recommend a slight increase in the Minimum Wage and No revision in Fitment and Pay Matrix – Confederation News “Empowered Committee has made up their mind to recommend to the Government a slight increase in the Minimum Wage. No indication was however given as to the consequential revision of the Fitment Formula and Pay Matrix. There had also not been any … [Read more...] about Empowered Committee recommend a slight increase in the Minimum Wage and No revision in Fitment and Pay Matrix – Confederation News
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Fitment Formula
7th CPC Fitment Formula and Minimum Wage – Karnataka COC
7th CPC Fitment Formula and Minimum Wage – Karnataka COC Shri.P.S.Prasad General Secretary of COC Karnataka expressed his views about the calculation of fitment formula and computation of minimum wage of 7th CPC on its blog. He hinted in this article that most of the pay commissions have accpeted 70% of the staff side demand. Especially NC JCM Staff Side demands to fix minimum … [Read more...] about 7th CPC Fitment Formula and Minimum Wage – Karnataka COC
Depending on the weightage fitment formula may range from 2.72 times to 3.72 in 7th Pay Commission
Depending on the weightage fitment formula may range from 2.72 times to 3.72 in 7th Pay Commission “Depending on the weightage fitment formula may range from 2.72 times to 3.72“ “The Sixth Central Pay Commission has recommended a minimum wage of Rs 6600/- per month against the demand of Rs 10,000/- per month as worked out by Staff side of JCM, Today the minimum need based … [Read more...] about Depending on the weightage fitment formula may range from 2.72 times to 3.72 in 7th Pay Commission