The average pay hike of 21 per cent for over 50 lakh central government employees announced today notwithstanding, their median salary would still fall behind private sector by more than Rs one lakh per annum.
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, according to the world's largest online salary database firm PayScale.
After adoption of Sixth Pay Commission recommendations, which was approved by the government today, the salaries would rise by an average 21 per cent, with retrospective effect from January 2006.
Taking into account this average hike, the median salary for central government employees would rise to Rs 302,611 per year — which would still leave a gap of over Rs one lakh compared with that of the private sector companies.
However, the gap would decrease by close to Rs 50,000 per annum after the revised government pay scales.
But, a number of private sector companies tend to revise their pay scales after adoption of government pay commission reports, as has been the case in the past. This could again expand the gap between the salaries of private and public sector employees.
