Know How To Evaluate The Seventh Pay Commission
The Seventh Pay Commission announced by the government will get the salaries and allowances of government employees and pensions hiked by a certain percentage. The system is in place to suggest changes to the salaries of Central Government employees, specifically. The hike offered is 23.5% across all government sectors. The system from time to time introduces new grounds of promotion for these officials. This helps to improve efficiency of the government and weed out non-performing employees.
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The Commission aims to develop remuneration packages for employees in such as way that they feel valued and at par with any other officer appointed for a similar position. While, the system also takes into account the employees who have outlived their utility and where, their services must be discontinued.
To evaluate the 7th Pay commission for your salary you can use the corresponding calculator available online.
You can use any of the 7th Pay Commission calculators to arrive at your salary under the new structure.
- In the calculator, simply enter your basic pay along with your pay band and grade pay
- Select the transport allowance, location and the percentage of your current house rent allowance
- Now, choose the "Calculate" button to know your revised salary in compliance with the 7th Pay Commission recommendations
Moreover, the seventh pay commission will give up to 80% weightage to public feedback for promotion of government employees working directly for the public. Thus, leading to better appraisal and fair implementation of policies. However your salary would be taxable. The reason is very simple, the minimum wages or salary government is providing to fourth class employee is 18K so it could be easily estimated that after the seventh pay commission, almost the salary of every employee will be taxable.
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Besides the seventh pay commission government launched many other schemes targeting particular sections of nations. Most of the schemes are launched concentrating the weaker sections. Pradhan Mantri Rojgar Protsahan Yojana is one of them. Here is Everything you need to know about the Pradhan Mantri Rojgar Protsahan Yojana.
December 11th, 2018