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How good is this pay hike of 21%?

August 14, 2008

According to data compiled by Washington-based PayScale, the median salary for central government employees in India currently stands at Rs 250,092 per annum, while the same for those working with private sector companies is Rs 408,605.

Once the Pay Commission recommendations are implemented, the median salary for central government employees would rise to Rs 302,611 per year, but it would still leave a gap of over Rs 100,000 compared to that of the private sector companies.

Interestingly, at the entry level, the average salary at private sector companies is already less than the government employees and the starter-level pay hike announced by the government would further expand the gap.

Image: Government Employees National Confederation hold placards as they take part in a protest | Photograph: Manpreet Romana/AFP/Getty Images

Also read: All about payment of pension by banks
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