The decision of the Central Government to form the Eighth Pay Commission has brought good news for about one crore government employees. The commission will be formed. Recommendations will come. If the commission's eye on allowances and allowances is as kind as before, then government employees will have a great time. Allowances are considered more fun than salary in a government job. The question is, what good news is hidden in this for private sector employees as well? Are private employees already having fun compared to government employees in terms of salary? We will tell this below.
Certainly, the salary of central employees will increase with the Eighth Pay Commission, but its effect will be seen in the market. The question will also be how expensive it will become for the private sector to attract talent after the recommendations of the Pay Commission. The recommendations will also be seen on the salaries of employees in other sectors. Union Minister Ashwini Vaishnav also said this while giving information about this decision of the government. He said that once the recommendations of the Eighth Pay Commission are implemented, its effect will be seen on all the organizations of the country. All organizations have been following it.
The ABCD of Pay Commission
Since 1947, 7 pay commissions have been formed in the country.
The recommendations of the 7th Pay Commission were implemented in 2016.
Now the next Pay Commission recommendations are to be implemented in 2026.
It is expected that the report will come on time due to the formation of the 8th Commission in 2025.
Union Minister Ashwini Vaishnav said that the recommendations will come before 2026.
There will be discussions with state governments, PSUs, and all other stakeholders.
The chairman of the commission and its two members will be announced soon.
Government Vs Private: Whose fun
Before the implementation of the recommendations of the 7th Pay Commission, IIM Ahmedabad had compared the salaries of government employees and private sector employees. In this, it found that the salary of the government employee sitting at the lowest level is more than that of the private sector. For example, if we talk about the driver, then there is a difference of up to double. According to this study done in 2015, the average salary of a government driver was about 18 thousand rupees, which was almost double according to the market. But if we talk about the salary of government officials, then corporate managers are the winners. In this study done before the recommendation of the Seventh Pay Commission, the salary of a government official starts from 58100. The salary of a Joint Secretary was 1.82 lakh, Secretary was 2.25 lakh and Cabinet Secretary was 2.5 lakh. But the big thing in this is that if we add allowances and bungalows, then it will be many times more. For example, the rent of the Cabinet Secretary's bungalow in Lutyens Zone is more than his salary. In such a situation, if we add allowances and salary, then government employees have more fun.
Allowances of government employees that you like
Book Allowance: Officers of the Indian Foreign Service get this allowance once a year. In this, 15 thousand rupees are given for buying books and study materials.
Briefcase Allowance: Central Secretary rank officers get this unique gift of allowance. They can get reimbursed up to 10 thousand rupees for buying briefcases, purses, and government bags.
Secret Allowance: Cabinet Secretariat officers get this allowance in their monthly salary for handling secret documents and performing sensitive duties.
Now understand the hidden benefits of the job. If you compare it, then nothing will seem sweeter than a government job. Below, understand some advantages and disadvantages of government and private jobs.
Facilities Government employee Private employee
Job security is there or not
Salary increases according to inflation or not
Annual increment is fixed or not fixed
Allowances There are about 196 types of allowances but they are limited
Unlimited medical facility is there or not
Pension and medical after retirement is there or not
Targets Not much pressure Job runs on target
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