#Seventh Pay Commission will pay bonus based on basic pay

[leadertelugunews]

ఏడో వేతన సంఘం బేసిక్‌ పే ఆధారంగానే బోనస్‌ చెల్లించాలి... ఆలిండియా వోబీసీ రైల్వే ఎంప్లాయీస్‌ అసోసియేషన్‌ డిమాండ్‌

ఏడో వేతన సంఘం బేసిక్‌ పే ఆధారంగానే బోనస్‌ చెల్లించాలి… ఆలిండియా వోబీసీ రైల్వే ఎంప్లాయీస్‌ అసోసియేషన్‌ డిమాండ్‌

విశాఖపట్నం: రైల్వే అభివృద్ధి కోసం పాటుపడుతున్న రైల్వే కార్మికులకు తక్షణమే బోనస్‌ ప్రకటించాలని ఆలిండియా వోబీసీ రైల్వే ఎంప్లాయీస్‌ అసోసియేషన్‌ ఓ ప్రకటనలో డిమాండ్‌ చేసింది. 16ఏళ్ల క్రితం నాటి ఆరో వేతన సంఘం సిఫార్సుతో రూ.7వేల బేసిక్‌ పే ఆధారంగా ఇప్పటికీ బోనస్‌లిస్తుండం అన్యాయమని సంఘం నేతలు పేర్కొన్నారు. ఏడో వేతన సంఘం అమల్లోకి వచ్చి ఆరేళ్లవుతున్నా మొదటి బేసిక్‌ పే రూ.18వేలను లెక్కలో చూపించకుండా ఆరో…

[omkar-n]

Highlights of the 7th Pay Commission

The Pay Commission assures compensation increases, optimum employee benefits, and employee rights protection. Here's an overview of the 7th pay commission.

The Seventh Pay Commission was established on February 28, 2014, by the Manmohan Singh-led United Progressive Alliance government under the chairmanship of Justice Ashok Kumar Mathur.

So, what is 7th pay commission? The Pay Commission was established to recommend realistic economic reforms to the compensation structure for central government employees. Let's have an overview of the highlights and the features of the pay commission.

What is the 7th pay commission?

Pay commissions are an administrative process or institution appointed by the government to evaluate, assess, and recommend possible and desired changes to the remuneration structure of government employees.

The pay structure encompasses all compensation paid to an employee, including base salary, allowance, bonus, and other monetary incentives. It assesses and suggests adjustments to government employees' pay in various departments, agencies, and services.

Each pay commission considers a variety of factors when making its recommendations, including the country's economic situation, the government's financial resources, the likely impact on the finances of state governments, the private sector and state government pay sectors, their adaptability and relevance to Indian conditions, best global practices, and comparison to the public sector.

The country's pay commission has its headquarters in Delhi. The Commission has 18 months from its establishment to provide its recommendations and conclusions in the form of a report. 

Additionally, the commission may consider delivering interim reports on any subject until final recommendations are made.

The Government of India may accept or reject the proposals. Generally, the State Government implements the recommendations with some modifications.

A chairman chairs the pay commission, and the Commission is composed of members who are top officials in several professions. 

Since India's independence, seven commissions have been established to examine and recommend modifications to the compensation structure for civil and defense government employees.

Pay commissions are typically established every ten years, and the seventh pay commission is the most recent one.

New pay commission matrix

Instead of adopting a new Pay Matrix, the  Pay Commission7th suggested abolishing existing Pay Bands and Grade Pay. The Central Government approved this recommendation. 

Previously, authorities defined an employee's status based on grade pay; however, the level will now get evaluated in the 7th Pay Commission Matrix. They created a variety of pay matrixes for various populations, including Defense Personnel, Civilians, and Military Nursing Services. 

The rationale for organising different pay matrices is identical.

Minimum Wages This Pay Commission increased the monthly minimum wage from 7000 to 18000. Now, the minimum beginning salary is 18000. (for newly recruited). 

A newly recruited class 1 officer, on the other hand, will earn 56,100. This wage structure has a compression ratio of 1:3.12, which means that a class 1 officer (on direct recruiting) will make three times as much as an entry-level employee.

Increment Rate

The seventh pay commission has voted to maintain the current rate of increase at 3%. This choice benefits employees in the long run by increasing their basic salary, as they will receive an annual increment 2.57 times greater in the future than they do now.

New Organizational Structure Previously, there were multiple pay levels; a new system incorporated all of these. The Central Government authorized the Index of Rationalization and jointly determined to provide a minimum wage at each 7th Pay Commission Matrix level based on responsibility, accountability, and increasing role as the hierarchy advances.

The Cabinet approved the current Pay Commission's suggestion to increase the cap for house building advances from 7.50 lakh to 25 lakh. Additionally, to lessen the burden, the Cabinet kept four interest-free advances: transfers or tours, TA for the deceased employee's family, and medical treatment advances. 

On the other hand, all other interest-free advances are no longer functional.

Monthly Contribution

The Seventh Pay Commission suggested that the monthly contribution to the Central Government Employees Group Insurance Scheme be increased (CGEGIS). Cabinet, however, rejected this request and decided to maintain the current rate. Thus, employees' net salaries will increase by 1470.

Gratuity

The gratuity cap increased from ten lakh to twenty lakh. Additionally, when DA is increased by 50%, the Gratuity ceiling rises by 25%.

Military Service Pay

The Seventh Pay Commission has suggested increasing Military Service Pay from 1,000, 2,000, 4,200, and 6,000 to 3,600, 5,200, 10,800, and 15,500 for individuals serving in various categories of the Defense Forces.

Absorbed Leaves 

Special disability, hospital, and sick leave have been consolidated into a single leave called Work-Related Illness and Injury Leave (WRIIL). 

The Commission suggested paying all allowances and wages in full to hospitalized employees for various reasons relating to WRIIL.

Lump-Sum Amount Compensation

This Commission enhanced the Ex-Gratia Lump Sum Compensation for personnel serving in various civil and defence forces categories from 10-20 lakh to 24-45 lakh. The sum will be paid to the next of kin.

To Conclude:

The seventh pay commission implemented numerous improvements that benefit both the government and central government employees.