Search results
Results from the WOW.Com Content Network
A pay scale (also known as a salary structure) is a system that determines how much an employee is to be paid as a wage or salary, based on one or more factors such as the employee's level, rank or status within the employer's organization, the length of time that the employee has been employed, and the difficulty of the specific work performed.
A pay grade is a unit in systems of monetary compensation for employment. It is commonly used in public service, both civil and military , but also for companies of the private sector. Pay grades facilitate the employment process by providing a fixed framework of salary ranges, as opposed to a free negotiation.
[2]: para 2.2.13 [4]: p 1–2 The highest ranks such as the Secretary, and the Cabinet Secretary (or equivalent), were placed on an "Apex Scale" outside the grades with a fixed scale of pay. [4]: p 1–2 The Sixth Central Pay Commission recommended four running pay bands (excluding -1S). They would contain twenty grades.
Pay Scale 6th CPC (Pay Level 7th CPC) Position in the Central Government [9] Director General (Apex Scale) 80000 (Pay Level 17) Secretary: Special Director General: 75500-80000 (Pay Level 16) - Additional Director General: 67000-79000 (Pay Level 15) Additional Secretary: Chief Engineer/Chief Architect: 37400-67000 + 10000 Grade Pay (Pay Level ...
A person retiring with 30 years or more of service got a pension 30/60 (50%) of the rank emoluments. The pension was not worked for individuals. It was worked rank wise. Rank was to be held for at least 2 years to get pension for the same rank. However, it was based on the minimum pay of the rank for officers and mean of the pay group for PBOR.
Pay bands (sometimes also used as a broader term that encompasses several pay levels, ranges or grades) is a part of an organized salary compensation plan, program or system. In an organization that has defined jobs, pay bands are used to distinguish the level of compensation given to certain ranges of jobs to have fewer levels of pay ...
The pay scale was originally created with the purpose of keeping federal salaries in line with equivalent private sector jobs. Although never the intent, the GS pay scale does a good job of ensuring equal pay for equal work by reducing pay gaps between men, women, and minorities, in accordance with another, separate law, the Equal Pay Act of 1963.
Members of Parliament have a base salary of ₹100,000 (US$1,200) plus other allowances. The Chief Ministers of Indian states have varying salaries, with Telangana 's Chief Minister earning the highest at ₹400,000 (US$4,800) per month.