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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.
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.
The Service was started in the year 1972 for prudent and professional management of the finances of the Department of Posts and Department of Telecommunications which were the sole provider of the communications needs of the country at that time. Gradually, over time the service has crystallized into a professional cadre of over 376 officers.
Since India became independent in 1947, the postal service continues to function on a nationwide basis, providing a variety of services. The structure of the organization has the directorate at its apex; below it are circle offices, regional offices, the superintendent's offices, head post offices, sub-post offices and branch offices.
In 2014 Nick Anderson was appointed CEO of Spirax-Sarco Engineering plc (LON:SPX). This analysis aims first to... How Should Investors React To Spirax-Sarco Engineering plc's (LON:SPX) CEO Pay?
Technical posts account for about 87% of the total cadre. The doctors (surgeons and physicians) serving in OFB belong to a separate service known as the Indian Ordnance Factories Health Service (IOFHS). IOFHS officers are responsible for the maintenance of health of the employees, and the hospitals of OFB. They report directly to the IOFS officers.
What fraction of pay depends on performance, and what is meant by performance, can vary widely. [1]Research on extreme high-stakes incentives [2] funded by the Federal Reserve Bank undertaken at the Massachusetts Institute of Technology with input from professors from the University of Chicago and Carnegie Mellon University repeatedly demonstrated that as long as the tasks being undertaken are ...
50% vacancies in the initial recruitment grade of the Indian Railways Personnel Service (IRPS) Railway office are filled up through the UPSC Civil Service Examination held every year while remaining vacancies are filled up by promotion of Group 'B' officers of feeder cadres through selection made by UPSC.The first direct recruitment to the cadre was done by UPSC in the year 1980.