once you reach 20910/- that's the end of road in this scale. you shud be promoted or else you are stagnant at this scale/ gen there wont be ant increase in the salary there after other DA & allw.
From India, Madras
1From India, Madras
Hi
As above payscale 11110-540(14)-18670-560(4)-20910
Starting Basic is : Rs.11110
EB (Efficiency Bar) : Rs. 540 for 14 years.
Yearly Increment : Rs. 540 up to 14 years (Rs.540 x 14 yrs=Rs.7560)
-----------
Rs.11110+7560=Rs.18670
Rs.18670+2240 (Rs.560x4yrs) = Rs.20910 (End Payscale)
As a gesture of goodwill management may consider the yly.increment of Rs.540/- though you have crossed endpay scale. But this increment is not automatic.
Tks & Regards
From India, Hyderabad
As above payscale 11110-540(14)-18670-560(4)-20910
Starting Basic is : Rs.11110
EB (Efficiency Bar) : Rs. 540 for 14 years.
Yearly Increment : Rs. 540 up to 14 years (Rs.540 x 14 yrs=Rs.7560)
-----------
Rs.11110+7560=Rs.18670
Rs.18670+2240 (Rs.560x4yrs) = Rs.20910 (End Payscale)
As a gesture of goodwill management may consider the yly.increment of Rs.540/- though you have crossed endpay scale. But this increment is not automatic.
Tks & Regards
From India, Hyderabad
The first figure is the minimum of the scale and the last figure is the maximum.
There are two sets of figures inbetween, one set in brackets. The figures inbetween are the quantum of annual increments, and the figures in brackets say for how many years (or how many such increments would be applicable) before jumping into the next stage, of higher increments. This is the standard format for indicating a wage scale for unionized workmen and is not as commonly used for executives, except in government and Public sector organizations, where it is still prevalent.
Gerry
From India, New Delhi
There are two sets of figures inbetween, one set in brackets. The figures inbetween are the quantum of annual increments, and the figures in brackets say for how many years (or how many such increments would be applicable) before jumping into the next stage, of higher increments. This is the standard format for indicating a wage scale for unionized workmen and is not as commonly used for executives, except in government and Public sector organizations, where it is still prevalent.
Gerry
From India, New Delhi
Dear All,
Thanks for this information. Infact many people do not know about the same. I personally feel points like this should be taught in MBA,MPM.
As that is the basic ground to gain such type of basic knowledge.
Open for comments
From India, Mumbai
Thanks for this information. Infact many people do not know about the same. I personally feel points like this should be taught in MBA,MPM.
As that is the basic ground to gain such type of basic knowledge.
Open for comments
From India, Mumbai
I agree with you.
Its surprising that many HR people are not aware of it. This is the basics of compensation management.
In spite of the explanation, it is pathetic to find people asking whether the figures in the given scale are "Basic or Basic, DA & HRA?".
How can the scales reflect:
DA, which is a variable amount; (can change every quarter)
HRA, which is a percentage of Basic pay and depends on location where a person is posted.
Pay Scales are generally durable and long-term devices; typically in use for 5 to 10 years; till they are revised.
It should definitely be taught in MBA, MPM etc. as many join private sector and small family run companies; where there are no standardized salary & wages administration; and hence this widespread ignorance.
Regards.
From India, Delhi
Its surprising that many HR people are not aware of it. This is the basics of compensation management.
In spite of the explanation, it is pathetic to find people asking whether the figures in the given scale are "Basic or Basic, DA & HRA?".
How can the scales reflect:
DA, which is a variable amount; (can change every quarter)
HRA, which is a percentage of Basic pay and depends on location where a person is posted.
Pay Scales are generally durable and long-term devices; typically in use for 5 to 10 years; till they are revised.
It should definitely be taught in MBA, MPM etc. as many join private sector and small family run companies; where there are no standardized salary & wages administration; and hence this widespread ignorance.
Regards.
From India, Delhi
hai mr pon, Your interpretation about scale is wrong and others have clarified which i wanted to do .thanks friends.I request mr pon to check before an issue is resolved.take oit positively
From India
From India
hai mr pon,
Your interpretation about scale is wrong and others have clarified which i wanted to do .thanks friends.I request mr pon to check before an issue is resolved.take oit positively.oh, sorry,you may have wrongly typed as 140 instead of 540
From India
Your interpretation about scale is wrong and others have clarified which i wanted to do .thanks friends.I request mr pon to check before an issue is resolved.take oit positively.oh, sorry,you may have wrongly typed as 140 instead of 540
From India
I agree with Gerry
Whai is shown is the basic pay initially and then annual incrementst at the fixed rates for a few years as shown in the brackets and then in some case EB indicates that the next increment in the scale will be granted only after doing a special appraisal of the employee reagind his efficency level. Finally it reaches the maximum pay when there will be no more increase in the basic pay.
P P Subramanian
From India, Nagpur
Whai is shown is the basic pay initially and then annual incrementst at the fixed rates for a few years as shown in the brackets and then in some case EB indicates that the next increment in the scale will be granted only after doing a special appraisal of the employee reagind his efficency level. Finally it reaches the maximum pay when there will be no more increase in the basic pay.
P P Subramanian
From India, Nagpur
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