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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