Meaning of pay scale : rs. 24900-50500/-

companies offers payscale as  Pay Scale : Rs. 24900-50500/-

wat is the meaning of it.........

Hi,

Initial pay starts at 24900 and with increments every year u will get a maximum of 50500 for that designatin over a period.

Hi boss,ur question was not so clear bt if u feel ur query was correct, wat d answer replied by ajay is correct.....nd if ur query was like dis, i mean 20000/- -1000/- -50000 den dis wil be indicates intial payment is 20000 nd incriment per yr is 1000 until its reached to 50000.....

Originally posted by : Ajay Kumar
	Hi, Initial pay starts at 24900 and with increments every year u will get a maximum of 50500 for that designatin over a period.

Its a scale where u wud be put anywhere in between. Like u can start by getting a basic pay of Rs 29500 pm. the scale decides your grade pay,transport allowance and other amenities. one of my friends in this pay grade gets a basic of around 29000,and his overall income comes out to Rs 52000 pm..

Originally posted by : anil.............
	Hi boss,ur question was not so clear bt if u feel ur query was correct, wat d answer replied by ajay is correct.....nd if ur query was like dis, i mean 20000/- -1000/- -50000 den dis wil be indicates intial payment is 20000 nd incriment per yr is 1000 until its reached to 50000.....

AGREED           

I have a doubt whether that increment happens on per month basis or per year basis because the salaries of Rs. 24900-50500 are for per month thats why .                                                                                                                                                                                                                                                 

Hi abhishek,

Salary is  be for p.m. but increment will happen on an yearly basis only. 

HI ram krishana,

Pay scale of 24900-50500 means that your would be getting Basic Pay of 24900 + Dearness Allowance as a % of Basic + HRA as a % of Basic + Other Allownances and Perqus as a % of Basic + Other reimbursements (if any as per company policy) = in Hand before tax and PF , and CTC would be equal to the above total + PF @ 12% of Baisc nd DA,

if grade pay was there, you will get that also.

hi have a query......if i got opportunity as a trainee software engineer with a pay scale of 9300-34900

does it means i can get a max of 34900 on this post or in case my position changes does this same pay scale applies o what.....