Multiplication Factor appears in the Matrix Table for the new entrants at the entry level
Multiplication Factor appears in the Matrix Table for the new entrants at the entry level only and not for the existing employees. One of our regular guest visitor Mr.M.Dorai clarified as comments form and Q&A given below for your kind information…
November 21, 2015 at 8:35 pm
Let me bring it to your kind notice that in your pay calculator you have taken 2.57 factor uniformly for multiplication for all the levels of employees. This shall not fit into the Pay Matrix correctly. Please note that 2.57 factor is applicable only for the Grade pays of Rs.1800 to Rs. 2800. For Grade Pays from 4200 to 4800 the factor is 2.62. For the Grade pay from Rs.5400 to 7600 the factor is 2.67. For Grade Pay of Rs.8700 the factor is 2.57, For Grade pay of RS.8900, the factor is 2.67, for Grade pay of Rs.10,000 the factor is 2.72. Similarly there is variation in the multiplication factors in the apex scales.Today's Discussion - Click to Read Hot Questions & Answers
Expected DA from July 2019: DA 4% Confirm…5% Possible! - Click for more details
I request you to make necessary rectification in your pay calculator as you are projecting less salary in all the above cases where the factor varies.
November 22, 2015 at 12:49 am
I retreat from my observation pointing out defect in your pay calculator in view of the fact that the variation in the multiplication factor for various levels like 2.57, 2.62, 2.67, and 2.72 appears to be only for the new entrants at the entry level and not for the existing employees since uniform factor of 2.57 i.e 32% increase on the VI CPC pay and grade pay need to be taken at all levels which you have done correctly. I regret for hasty comment about your pay calculator.
At the same time I am disappointed that even the VII Pay Commission had erred in discriminating between the existing employees and the new entrants by adopting 2 different formulas in the matter of fixation of pay by applying varying factors at higher rate for the new recruits at entry level.
Reference Tables from 7th Pay Commission Report :