7th Pay Commission: What is Pay Matrix? Here's how it will benefit you
Zee News
It is critical for you to understand what the pay matrix is and how it will effect employee salaries.
New Delhi: The Pay Matrix plays a significant role in the compensation of central staff. Previously, employees' status was decided by their grade pay, but now it is determined by the Pay Matrix. The salary rise of employees (7th CPC Pay Scale 3) is calculated on this basis.
It is critical for you to understand what the pay matrix is and how it will effect employee salaries. Also, consider how this will assist government personnel. The Pay Matrix Level 3 under the 7th Pay determines the fundamental pay structure. Currently, the basic pay structure ranges from Rs 21,700 to Rs 69,100, with 40 increments between them.
Let's have a look at an example. In New Delhi, a person works as a postman in the postal department and is classified as Pay Matrix Level 3. His base income is Rs 21,700, thus please tell us what that employee's total compensation is.
