Fitment Factor

Fitment Factor Increase: Boost In Salary Of Government Employees Due To Fitment Factor 2.86

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As of now, it has been about 9 years since the 7th Pay Commission came into effect. Normal procedure states that when the central government establishes a new pay commission every 10 years, depreciation in purchase power leads to higher expectations and recommendations by the 8th Pay Commission. The government has given a recent update … Read more

Fitment Factor Hike: Fitment Factor Will Be 1.92, 92% Increase In The Salary Of Employees

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Fitment Factor Hike Latest Update: Central Government employees and pensioners are most eager to get their salaries increased after the approval of the Eighth Pay Commission. An update recently stated that the fitment factor would now be 1.92. Applying which the basic salary of an employee would increase by 92 percent. To understand the complete … Read more