Disclosure Of Difference Of Up To 32.52% In Salaries, Benefits Of Senior And Junior Employees

  

Islamabad (ewntv) The combined ratio of salaries, benefits and operating expenses is much higher for grades 17 to 22 than for lower grades. According to the research conducted by the Pakistan Institute of Development Economics (PID) under the title 'Lifetime Cost of Public Servants', BPS 22 employees receive 32.52 times the salaries, benefits and allowances of BPS 1 employees. And the combined ratio of operating expenses is very high. With considerable differences between the highest and lowest salary levels, this indicates a large inequality in benefits, benefits and operating expenses. According to the Pakistan Bureau of Statistics, the latest number of federal government employees in Pakistan as of December 2022 is 13 lakh 74 thousand 911. This number includes civilians, armed forces and autonomous/semi-autonomous/corporations. 

In Pakistan, the government spends a lot of money on providing salaries and pensions to its employees. The cost of paying these employees is around Rs 3 trillion and the cost of pension is around Rs 1.5 trillion. Project workers, people working in government companies and other organizations cost about another two and a half trillion rupees. The total amount spent on army salaries and wages is about one trillion rupees. The ratio of cash allowances to salary and perks increases proportionally to total cost with larger grades. Government accommodation, which is given as a kind of benefit, is never included in the total cost of government employees, nor is the opportunity cost to the government ever calculated. Is. 

 

The total cost of using government vehicles for personal use of Grade 20-22 officers increases to 1.2 times the basic pay. Medical allowances and reimbursement of medical bills in medical bills 2. 5 to 3 billion rupees increase. Perks and various allowances add substantially to the total cost of government employees and if revenue is realized, the myth of low salaries in the public sector will be dispelled. According to the research, the net present value of a Grade 1 employee recruited in July 2023 will be 8 million, 17 million, 27 million Pakistani rupees respectively, including salary and pension, perquisites and benefits and operating cost. Is. It has also been calculated that the State of Pakistan would require 49 million, 136 million and 245 million Pakistani rupees to support a Grade 17 officer for a period of thirty years. 

 

This amount represents what the state and government of Pakistan will have to spend on one worker. This raises the question of whether we have enough revenues to support compensation for the next 30 years, and if not, it's a good time to pause and consider the impact of adding new workers to the system. Consider, as the State of Pakistan and the Government will be responsible for meeting the cost through taxation. According to Pied's press release, Pakistan needs long-term planning to avoid its debt spiral; Salaries and pensions are a big expense for an organization, so Pied suggests extra caution and frugality before making a hiring decision. In this way, the organization can estimate how it can pay the person for the rest of his working life. It is important for governments to assess the long-term fiscal impact of immediate job creation and find a balance between short-term gains and sustainable fiscal policies. While rapid job creation can have a positive effect, it is equally important to note that rapid job creation can have negative effects.