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How good is this pay hike of 21%?

August 14, 2008

The median salary for central government employees with up to one year of experience currently stands at Rs 212,424 per year in India, while the same for private sector companies is Rs 208,962.

Even, government employees with less than one year of experience get a higher average salary than their counterparts with the private sector companies and the gap would increase even further once the pay hike comes into effect.

It is actually at the medium and higher levels, where private sector employees mostly enjoy a huge salary advantage over the government employees.

A number of private sector companies tend to revise their pay scales after the Pay Commission report is announced, as has been the case in the past. This could again expand the gap between the salaries of private and public sector employees.

Image: Indian Army Chief General Deepak Kapoor (L), Indian Naval Chief Admiral Sureesh Mehta (C) and Vice Chief of Indian Air Force P.V.Nayak | Photograph: Manan Vatsyayana/AFP/Getty Images

Also read: India's 10 cities with highest household incomes
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