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Saturday, June 28, 2014

ஊதியகுழுவில் குறைந்தபட்ச ஊதியம் --அதிகபட்ச ஊதியம் எந்த அடிப்படையில் கேட்கபடுகிறது ?


Minimum Wage as per 6th CPC method
Pay in Pay Band + Grade Pay + % DA + Compensation factor based on rise in NNP at factor Cost.
Calculation of compensation factor
YearPer Capita NNP at factor cost At constant priceIncrease over previous year
2005-06260151872
2006-07280672052
2007-08303322265
2008-09317541422
2009-10339012147
2010-11363422441
2011-12380371695
2012-13391681131
2013-14*410461878
2014-15*429241878
% Increase of NNP at factor cost on Constant Prices for the period of ten years65%

* Assumed figures as per average increase

Proposed Minimum Pay w.e.f. - 1.1.2016
Minimum Basic Pay + DA 140%+ Compensationfactor 65% of BP + DA
Minimum Basic pay after VI CPCRs.7000
Projected DA 140% (as on 1.1.2016)Rs.9800
BP+DARs.16800
Compensation factor (65%)Rs.10920
Proposed Minimum PayRs.27720 or Rs.28000
Proposed Number of times increase of BP3.96

Proposed Minimum & Maximum Pay based on post 6th CPC formula

EXISTING PAYPROPOSED PAY @ 3.96 TIMES (ROUNDED OFF) OF EXISTING PAY
MinimumMaximumMinimumMaximum
Pay in Pay BandGrade PayPay in Pay BandGrade Pay
Rs.5200Rs.1800Rs.80,000Rs.20,800Rs.7200Rs.3,20,000

Minimum Pay shall be increased from Rs.7000 to Rs.28,000. 

Maximum Pay Shall be increased from Rs.80,000 to 3,20,000.
Intermediate Pays shall be fixed in the same way.
Upgradation shall be granted to specific categories on functional & other related justification.

Determination of Maximum Pay First & then arriving Minimum Pay in the ratio of 9:1
Maximum Pay shall be fixed first as per rise of NNP and then the Minimum pay in the ratio of 9:1 thereof and the Intermediate Pays shall be fixed.
Maximum Pay = Rs.80,000 x Compensation factor based on rise in NNP at factor Cost. = 80000 x 3.96 = Rs.316800 or Rs.3,20,000.
Therefore, Minimum Pay works out to be Rs.320000 / 9 = 35555 or Rs.35500.

Rate of Increments
Annual Increment:- Rate of annual increment in each grade may please be granted @ 5 per cent.

Increment on Promotion:- During Promotion minimum 10% increase in Basic Pay has to be granted.

Fixation of Pay on Promotion at par with Entry Pay:- Pay on Promotion should be fixed at least at par with Entry Pay in the Revised Pay Structure.

Thank you

Source: IRTSA

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