Pay and Pensions
8th Pay Commission Fitment Factor: 1.92 Is Really a 20% Raise
A fitment factor of 1.92 sounds like a 92% pay rise. With dearness allowance at 60%, it is worth about 20%. Here is the arithmetic the calculators skip.
1 article filed under this categorie.
Pay and Pensions
A fitment factor of 1.92 sounds like a 92% pay rise. With dearness allowance at 60%, it is worth about 20%. Here is the arithmetic the calculators skip.