8th pay commission salary increase: The fitment factor plays a key role

The fitment factor plays a key role in determining pay hike. For government employees, a salary hike often feels like a festive bonus, arriving just in time to ease financial pressures. The announcement of the 8th Pay Commission is no different. With rising inflation making it harder to manage ... The move officially kick-starts the process to review the pay structure, allowances, and service conditions of Central government staff, potentially paving the way for an increase in salaries ... 8th Pay Commission announced: Prime Minister Narendra Modi has approved setting up the 8th Pay Commission to review and revise the salaries of central government employees. The new pay commission will boost the salaries of current central government employees as well as pensions received by central government pensioners. Read on to know how much salary hike central government employees can expect. The 8th Pay Commission is expected to bring a significant salary hike for central government employees, with an estimated increase in the range of 30-34% , subject to a projected fitment factor of 1.83 and 2.46.