Basic salary of central employees may increase by 30% in the 8th Pay Commission, know the importance of fitment factor.

There can be a big good news for central employees, because there is a possibility of increase in basic salary by up to 30% in the 8th Pay Commission. This increase can be done by the government to improve the income and standard of living of the employees. But the main calculation behind this increase is fitment factor।

What is fitment factor?

Fitment factor is the number by which the existing salary of the employee is revised and added according to the new salary. This factor determines the rate at which employees will receive a salary increase. If the fitment factor increases, it will have a direct impact on the salary of the employees.

This time, according to sources, the fitment factor may be increased, leading to an increase in basic salary by up to 30%. Currently the fitment factor is 2.57, but there is talk of increasing it to 3.00. This would mean that the employee will get a higher salary than his current salary.

Why is this important?

This increase in the salary of central employees will not only improve their existing salary, but will also have an impact on pension, allowances and other benefits. This will improve the standard of living of the employees and the economic condition will also improve.

Along with this, in view of the increasing inflationary pressure in the country, the increased salary of the employees will strengthen their financial balance.

This possible reform of the 8th Pay Commission can bring a new ray of hope in the lives of central employees. Increasing the fitment factor will not only increase their salary but will also improve their mental balance, which can improve their performance at the workplace.