What will be the effects of the 7th pay commission on private employees?
From India, Mumbai
Acknowledge(0)
Amend(0)
From India, Mumbai
Acknowledge(0)Amend(0)
Seventh Pay Commission is in respect of the Central Government employees only. Even it will not have any impact on the pay and perks of the employees of the CPSUs. Therefore, it cannot have any impact on the employees in the private sector.
Of course, if any drastic change in the terminal benefits like gratuity is made, it may lead to a corresponding amendment in the PG Act, 1972 as happened in the past, but it cannot be sure in view of the passing of the new labor Codes very recently.
From India, Salem
Acknowledge(0)Amend(0)
6108Of course, if any drastic change in the terminal benefits like gratuity is made, it may lead to a corresponding amendment in the PG Act, 1972 as happened in the past, but it cannot be sure in view of the passing of the new labor Codes very recently.
From India, Salem
Acknowledge(0)Amend(0)Join Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.
7th PAY fix. Sch. 2017.xls