7th CPC Salary hike: Bank of America estimates the salary raise to be at 15%, Religare puts it at 28 to 30%. Credit Suisse expects a salary hike of 40%. - International Business Times Report How Pay Commissions Play a Key Role in Boosting India's Growth Pay Commissions, which are regularly constituted to review salaries of Central government employees, give a … [Read more...] about 7th CPC Salary hike: Bank of America estimates 15%, Religare puts it 30%, Credit Suisse expects 40% – International Business Times Report
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7th CPC Report
30% salary hike confirmed in 7th Pay Commission for Central Government Employees
30% salary hike confirmed in 7th Pay Commission for Central Government Employees “The wages of public sector bank employees are revised once every five years. The recent 10th Bipartite wage agreement gave them an increase of 15%.” United Forum of Bank Unions (UFBU) had initially put forth a demand of 21% wage hike. It was only after an extensive series of … [Read more...] about 30% salary hike confirmed in 7th Pay Commission for Central Government Employees
What are the expectations of the Central Government employees from the 7th Pay Commission?
What are the expectations of the Central Government employees from the 7th Pay Commission? “It is impossible for the 7th Pay Commission to fulfill all the demands of the Central Government employees. The question is – will it at least address the concerns of majority of them?” The media is full of unconfirmed reports on the submission of 7th Pay Commission report to … [Read more...] about What are the expectations of the Central Government employees from the 7th Pay Commission?
7th Pay Commission Recommendations has begun to emerge!
7th Pay Commission Recommendations has begun to emerge! “It doesn’t come as a surprise that even bits and morsels of information about the recommendations, which is being eagerly expected by nearly 50 lakh employees and pensioners, make headlines.” The recommendations of the 7th Pay Commission have slowly started to make their way to the media in the form of unconfirmed news. … [Read more...] about 7th Pay Commission Recommendations has begun to emerge!
Expected Date for Submission of 7th Pay Commission Report and its important recommendations- Sources
Expected Date for Submission of 7th Pay Commission Report and its important recommendations- Sources As the 7th pay Commission itself declared that the work of compilation and finalization of the report is underway, it is the time for expecting the date on which the report will be submitted after it is finalized. The stipulated time for submitting the report is 18 months … [Read more...] about Expected Date for Submission of 7th Pay Commission Report and its important recommendations- Sources
7th Pay Commission likely to recommend Jan 1, July 1 as Annual Increment days
7th Pay Commission likely to recommend Jan 1, July 1 as Annual Increment issuing days “On July 1 of each year, annual increments are given for all the Central Government employees. So, tomorrow is the “Increment Day” for all.” The 6th Pay Commission had introduced the practice of granting annual increment for all on the same day. Until then, increments were implemented … [Read more...] about 7th Pay Commission likely to recommend Jan 1, July 1 as Annual Increment days
7th Pay Commission expected to submit its report to the Centre in September
7th Pay Commission expected to submit its report to the Centre in September “The 7th Pay Commission’s status quo explanation on its report has created a huge buzz” According to reliable sources of information, the 7th Pay Commission is expected to submit its final report including the revised pay and pension structure for Central Government employees and pensioners to the … [Read more...] about 7th Pay Commission expected to submit its report to the Centre in September
7th Pay Commission: Finalization of the report is underway, no further meetings in future
7th Pay Commission: Finalization of the report is underway, no further meetings in future 7th Pay Commission completes its task in the time frame given to it. The work of compilation and finalization of the report is underway. The 7th Central Pay Commission has published the below message on its official portal today for all stake holders. It ensured … [Read more...] about 7th Pay Commission: Finalization of the report is underway, no further meetings in future
7th Pay Commission Fitment Formula and Minimum Wage Calculations – Karnataka COC
7th Pay Commission Fitment Formula and Minimum Wage Calculations – 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 … [Read more...] about 7th Pay Commission Fitment Formula and Minimum Wage Calculations – Karnataka COC
Pay Commission report to be filed by late June
Pay Commission report to be filed by late June Even as tenure of the State Pay Commission is drawing to a close on June 30, the Commission is keeping itself on its toes to submit the report in time. The date has not been finalised yet in view of the impending by-election in Aruvikkara. Since the Commission, headed by Justice C.N. Ramachandran Nair, was unable to take … [Read more...] about Pay Commission report to be filed by late June
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