8th Pay Commission: What is the fitment factor? Which decides the salary of government employees..

8th Pay Commission:
After the approval of the Eighth Pay Commission by the Central Government, the biggest question in the minds of government employees is how much salary can be increased. The main basis for the increase in the salary of the employees will be the Fitment Factor. If the Fitment Factor is low, the increase in salary will be less, whereas if it is high, a great increase in salary can be seen, so let's know about the Fitment Factor once.

How will the Fitment Factor work?

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During the last Seventh Pay Commission, the minimum basic salary of the employees was increased from Rs 7,000 to Rs 18,000. This was done based on a Fitment Factor of 2.57. Similarly, the Fitment Factor in the Sixth Pay Commission was 1.86. Now in the Eighth Pay Commission, the Fitment Factor is expected to be 2.86 or more.

If the fitment factor is fixed at 2.86 in the Eighth Pay Commission, then an increase can be seen in it. However, how much increase will happen will be decided only on the basis of the changes made by the government in the pay band and grade pay. It is not possible to estimate correctly right now. On the other hand, if it is made 3.68 on the demand of the employee unions, then this increase can be even more.

Specialty of Fitment Factor

The fitment factor is an important means of keeping the salary of government employees and pensioners in line with inflation. It adjusts the basic salary to the new pay scale by increasing it by a certain multiplier. It has a direct impact on the gross salary and pension. Through this, it ensures to maintenance of the purchasing power of the employees and improves the economic condition.

What do the employee unions say?

Employee unions are constantly demanding to increase the fitment factor from 2.57 to 3.68. They say that in view of inflation and improvement in the standard of living, there should be an adequate increase in the salary. The fitment factor will be finalised keeping in mind the economic condition of the government and the inflation rate.

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