A weekly roundup of pay and benefits news.How to Calculate Your 2023 Pay Raise, and More Pressure to Return to the Office A weekly roundup of pay and benefits news.

According to reports by Ambit Capital and Kotak Institutional Equities, after implementations of 8th Pay comission salaries could rise by 13% to 34%.

Early estimates suggest that the 8th Pay Commission may recommend a fitment factor of up to 2.86, resulting in a 30–34% hike in basic pay., according to various media reports.

What will be your gratuity on a Rs 60,000 basic salary for 8 years and 5 months of service? Let’s calculate gratuity for an employee with a basic salary of Rs 62,000, 8 years and 5 months of service ...