How do you read a pay matrix table?
How do you read a pay matrix table?
The pay matrix comprises two dimensions. It has a “horizontal range” in which each level corresponds to a ‘functional role in the hierarchy’ and has been assigned the numbers 1, 2, and 3 and so on till 18. The “vertical range” for each level denotes ‘pay progression’ within that level.
What is pay matrix chart?
The Pay matrix of the 7th Pay Commission is a simple chart that shows all of the pay levels in one place. The 7th Pay matrix table is a simple chart that shows the salary structure of Indian Central Government employees.
How is 7cpc calculated?
How to calculate the 7th CPC revised pay scale?
- Step 1: Check your basic pay (including grade pay) as on 31.12
What is the meaning of pay matrix level?
Pay matrix is a record chart of the salary range to be used while implementing changes in the salary structure of central government employees. The pay matrix consists of columns divided on the basis of pay levels and rows showing increments in salary over the years up to 40 years in professional life.
What is Level 8 in pay matrix?
Pay level 8 of matrix
Index Pay Level 8 6 55200 7 56900 8 58600 9 60400 What is the new pay matrix?
The new system of Pay Matrix will replace the present system of Grade Pay and pay band. A factor of 2.57 will be applied uniformly to the existing pay of all the employees to arrive at the new pay scales.
What is fitment salary?
Currently, the fitment factor of central employees is 2.57. The basic salary is calculated by multiplying it by 2.57 which is in addition to allowances like Dearness Allowance (DA), Traveling Allowance (TA), House Rent Allowance (HRA).
What is the salary of 4200 Grade Pay?
7th Pay Matrix Table for Employees of the Central Government
LEVEL 6 TO 9 (GRADE PAY 4200 TO 5400) PB-2 (9300-34800) GP 4200 4600 Level 6 7 1 35400 44900 What is the 7th Pay Commission pay matrix?
7th Pay Commission Pay Matrix Table for Central Government Employees Last Updated : 11 Sep 2019 Here is the pay matrix table for employees of the Central Government: 1) Grade Pay 1800 to 2800 – Level 1 to Level 5 2) Grade Pay 4200 to 5400 – Level 6 to Level 9 3) Grade Pay 5400 to 7600 – Level 10 to Level 12
How many cells are in the 7th Pay Matrix?
The pay matrix table contains 540 number of cells in a total of 760 (19 x 40) cells. The pay levels are indicating in the top of the table (Horizontal position) starting from Level 1 to Level 18 including with Level 13A. And the index numbers from 1 to 40 are indicating (vertical position) the stages.
What’s the Pay Matrix for a 7th grader?
7th Pay Matrix Table 1. Grade Pay 1800 to 2800 – Level 1 to Level 5 PB-1 (5200 to… 2. Grade Pay 4200 to 5400 – Level 6 to Level 9 PB-2 (9300 to… 3. Grade Pay 5400 to 7600 – Level 10 to Level 12 PB-3 (15600 to… 4. Grade Pay 8700 to 10000 – Level 13 to Level 14
Which is the maximum pay in the Pay Matrix?
It contains 19 stages as pay level from Level 1 to Level 18 (including Level 13A). Up to Level 10, each level has 40 subsequent positions of pay. From Level 11 to 18 the pay hierarchy is gradually decreased. The minimum of the Pay Matrix Table is Rs. 18,000 and the maximum pay is Rs. 2,50,000.
How do you read a pay matrix table? The pay matrix comprises two dimensions. It has a “horizontal range” in which each level corresponds to a ‘functional role in the hierarchy’ and has been assigned the numbers 1, 2, and 3 and so on till 18. The “vertical range” for each level denotes ‘pay progression’…