8th Pay Commission: Projected Salary Hike and Fitment Factor Explained
The most crucial element of a Pay Commission’s work is determining the Fitment Factor, a uniform multiplier applied to the existing basic pay to calculate the new basic pay under the revised structure. 1. Projected Fitment Factor & Minimum Pay The fitment factor under the 7th CPC was 2.57 Current expert speculation for the 8th … Read more