The 8th Pay Commission has been constituted, with the NC-JCM seeking a 3.833 fitment factor that could significantly raise ...

Employee associations opine that merging dearness allowance (DA) with basic pay, crucial for determining the fitment factor, ...

The Union Government announced the 8th Pay Commission on January 17, 2025, and it is slated to take effect on January 1st, ...

Central employee unions and associations focused their memoranda submissions for a higher fitment factor, a substantial ...

Employee unions have pressed for a higher fitment factor as the 8th Pay Commission weighs salary and pension revision. The ...

One of the aspects that employee unions and stakeholders have been vocal about is the fitment factor, which plays a key role in the revision of basic salary.

Add Yahoo as a preferred source to see more of our stories on Google. Service members saw their biggest pay raise in 22 years — 5.2% — this past January. The pay bump in 2025 likely won’t be as large ...

Did our AI summary help? Even as the new labour code says wages must be at least 50 percent of total compensation (CTC), companies are unlikely to simply push basic pay up to that level. Instead, they ...