At the same time, a pay commission is constituted every 10 years in the country to change the salary structure of central employees. This pay commission gives recommendations to make the salary of the employees in line with the current environment. On the basis of this, first the central and then the state governments restructure their salaries.

7 pay commissions have been constituted in the country so far. The first pay commission in the country was formed in January 1946. At the same time, the last i.e. Seventh Pay Commission was constituted on February 28, 2014. In such a situation, it has been 8 years since the 7th Pay Commission, so the atmosphere of discussion about the 8th Pay Commission has become heated in the employees’ organizations. If this happens, then 68 lakh central government employees and 52 lakh pensioners will get its direct benefit.

Government has refused for the time being , when the Central Pay Commission will be constituted, questions are being asked from the government on behalf of the employees’ organizations. However, during the monsoon session, the government has made it clear that at present, it does not have any proposal under consideration to make the eighth pay commission. Minister of State for Finance Pankaj Choudhary said in Parliament on Monday that at present there is no idea on the 8th Pay Commission.

How much can the salary increase , even though the government has refused the Pay Commission for the time being, but there is a flurry among the employee organizations about it. Organizations say that at present the minimum wage limit has been kept at Rs 18,000.

In this, the fitment factor in increment is 2.57 times, although the 7th Pay Commission recommends keeping it to 3.68 times. If the recommendation is accepted, then the minimum salary of central employees will increase from Rs 18 thousand to Rs 26 thousand.

Will Pay Commission be abolished?

It is also being heard that after the 7th Pay Commission, its tradition will end. That is, after this 8th or any other new pay commission will not come. Instead, the government can implement an automatic increment system. In this, the salary increase of government employees will be done automatically. It can be like increment in private jobs. In this, if the DA is more than 50 percent, there will be automatic revision in the salary.

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A British company has decided to give 56,000 rupees as bonus to each of its employees. This decision of the company Inoplas Technology Limited is being highly appreciated. This decision has been taken by the senior level officers of the company.

In fact, the British company took this step so that the employees suffering from inflation could get some financial help. The ‘cost of living’ is increasing continuously in the UK. Inflation continues to rise in the UK. The financial burden on the people is increasing. Keeping this in mind, the company has taken this decision. After this decision, the employees working in the company are very happy.

According to the decision of Innoplus company, this amount of bonus will be given in two installments in October and January. The company’s director Bob Davis says that with this money, the employees will get some relief, they will be able to pay the house bill, because people’s pockets are getting hit hard.

Recently, there have been many reports related to Britain, in which it has come to the fore that the people living here are facing the cost of expensive electricity. At the same time, a spokesperson of Innoplus Technology Limited said that the company has invested in new equipment. So that the company can increase productivity. The company is now working on making new solar panels, so that the electricity bill of the people comes down and they can get some relief.

The company’s managing director, Joan Brooks, says investing in equipment, infrastructure and employee well-being is essential for the betterment of the business, as the winter season can be difficult from a business point of view. Jeremy Hunt has been recently appointed as Chancellor of the Exchequer in Britain, he made an emergency statement in the House of Commons (the lower house of Parliament in Britain). Under which it was said to stabilize the deteriorating financial market.

Inflation at record level in UK

Inflation in the UK hit a 40-year high of 10.1 per cent in September as food prices rose. The UK’s National Statistical Office, while releasing the data based on the Consumer Price Index, said that the index has jumped 10.1 percent in this month. Inflation had risen to 9.9 per cent in August. New inflation data shows that inflation in the UK has reached its highest level since early 1982. During this, inflation touched this level in July 2022 as well.

The post Employees Bonus: Bi News! This company gave a bonus of 56000 to every employee, will get money in two installments first appeared on Rightsofemployees.com.