Dear all, Can anyone send me revised minimum wages for Jan- 13 of maharashtra. I need it because I am going to final wages of workers before 5th of Jan 13 Arun J.
Kindly find attchment Maharashtra minimum wages WEF Jan 2013. to June 2013
Thank you for the revised slabs for Maharashtra minimum wage notification-2013
My query to all is the following:
The Minimum wage for Shops and Establishment is the following:
Basic Special Allowance Total
Skilled 5800 + 1576.8 = 7377
Semi Skilled 5400 + 1576.8 = 6977
Un Skilled 5000 + 1576.8 = 6577
Kindly clarify- The Basic salary/wage for all employees whether executive/technical service staff should have minimum basic as provided above? It was also mentioned that in Maharashtra, HRA (MINIMUM 5% of basic) should also be included. Does that mean all skilled employees will have gross salary of Rs.7667/-, semi skilled Rs. 7247/- and unskilled employees Rs.6827/-. The aforesaid gross salaries include 5% HRA.
I am slightly confused as I have come across some companies coming under shops and establishment- having basic much lesser-2500,3500 etc. Rs. 5800/- is on a higher side as above this gross, the company will incur cost on PF,ESIC, Bonus etc. This will increase the CTC. As per this calculation taking minimum bonus of Rs. 3500/-, employee/ technical staff CTC will not be less than Rs.100000/- approximately.
Am I right? Please correct me if I am wrong.
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