The central government can bring a new formula for increasing the salaries of employees. It is being said that according to this new formula, the salary of the employees will be according to their performance.
New Delhi: Central and state government employees are getting the benefit of increased salary under the Seventh Pay Commission. Along with this, dearness allowance of employees is also increasing.
According to sources, the Central Government may bring a new formula for increasing the salaries of employees. It is being said that according to this new formula, the salary of the employees will be according to their performance.
According to sources, there will be no next pay commission after the seventh pay commission. According to media reports, the government may come up with a new formula to decide the pay factor of employees.
According to the information, according to the new salary increase formula, the salary of the employees will be according to their performance. It can be named Automatic Pay Revision System. However, this new salary formula will become clear only after the government takes a decision.
They will benefit-
According to sources, the upcoming new formula will increase the salaries of lower level employees. According to the upcoming new formula, there will not be much increase in the salary of middle level employees.
If media reports are to be believed, there will be no increase in the fitness factor. In fact, it is being said that increasing the fitness factor will put more burden on the government.
There will be so much benefit –
After the new salary formula is introduced by the Central Government, the salary of a central employee in pay level matrix 1 to 5 can go up to Rs 21 thousand. It is also being said that the new salary formula will be implemented in 2024. According to government employees, the increase in salary should be three times.
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