Prc 2010 Pay Fixation Software Guide

Prior to the large-scale implementation of centralized HRM systems, regional departments and employee associations relied on decentralized software to manage the transition to new pay scales. The PRC 2010 update was a significant milestone, introducing a 39% fitment benefit

Calculates new basic pay based on the 39% fitment benefit and existing dearness allowance (DA) as of July 2008. prc 2010 pay fixation software

: Includes lookup tables (ready reckoners) that show the "next stage" in the new pay scale for every level in the previous 2005 scale. Available Software & Utilities Prior to the large-scale implementation of centralized HRM

: New Basic Pay = (Basic Pay as of 01.07.2008 or option date) + (DA of 42.39% as of 01.07.2008) + (39% Fitment Benefit). Available Software & Utilities : New Basic Pay

: For those choosing to fix pay based on their standard increment cycle.

: Specifically handles pay fixation for special grade scales after 8, 16, or 24 years of service.