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8th Pay Commission Salary Hike: The same fitment factor across all pay levels or pay bands will help reduce the widening pay gap among the central government employees, says NC-JCM Secretary (Staff Side) Shiv Gopal Mishra.
The 8th Pay Commission is expected to fix a fitment factor between 2.28 and 2.86.
8th Pay Commission Employees Salary Hike: Even as the government has already announced the 8th Pay Commission, the central government employees are awaiting the government’s announcement on the constitution of the new commission and its way forward. However, according to reports, the employees’ key body is demanding a uniform fitment factor for across job levels. Will all central government employees receive 50 per cent salary hike under the 8th Pay Commission? Here’s what we know:
The central government in January announced the 8th Pay Commission to revise the salaries and pensions of its employees even as the tenure of the 7th Pay Commission comes to an end this year. However, the terms of reference (ToR) and the members of the new commission are yet to be announced by the government.
8th Pay Commission: Demands For Uniform Fitment Factor
The National Council of the Joint Consultative Machinery’s (NC-JCM) staff side has demanded a common fitment factor for all central government employees across all pay levels under the 8th Pay Commission, according to NDTV Profit.
NC-JCM Secretary (Staff Side) Shiv Gopal Mishra said the same fitment factor across all pay levels or pay bands will help reduce the widening pay gap among the central government employees.
JCM is a platform for constructive dialogue between the representatives of the staff side and the official side for peaceful resolution of all disputes between the Government as employer and the employees.
Under the 7th Pay Commission, the fitment factor is different across pay levels, with the Pay Band 1 with Grade Pay Rs 1800 having a fitment factor of 2.57 and Pay Band 2 with Grade Pay Rs 4,200 having a 2.62 fitment factor. However, for the Pay Band 3, a multiplier of 2.67 is used as a fitment factor.
According to the 7th CPC, the role, responsibility and accountability increases as an employee moves up in the hierarchy.
The 7th CPC said, “Rationalisation has been done to ensure that the quantum of jump, in financial terms, between these pay bands is reasonable. This has been achieved by applying ‘index of rationalisation’ from PB-2 onwards on the premise that with enhancement of levels from Pay Band 1 to 2, 2 to 3 and onwards, the role, responsibility and accountability increases at each step in the hierarchy.”
“The proposed pay structure reflects the same principle. Hence, the existing entry pay at each level corresponding to successive grades pay in each pay band, from PB-2 onwards, has been enhanced by an ‘index of rationalisation’,” it added.
8th Pay Commission: Employees To Get 50% Salary Hike?
According to a Finance Express report citing experts, the 8th Pay Commission might fix a fitment factor between 2.28 and 2.86. As per this, the basic salary of central government employees might increase by 40-50%.
According to the report, Bankbazaar.com CEO Adhil Shetty said the fitment factor is a crucial multiplier used to determine the new salary structure. In previous commissions, this factor has steadily increased, resulting in a significant wage boost. The 7th Pay Commission had set the fitment factor at 2.57, leading to an average salary hike of 23.55 per cent. Before that, the 6th Pay Commission applied a factor of 1.86.
“With the upcoming revision, employees can expect an even more substantial increase in their take-home salaries,” Shetty said, according to the FE report.