Fitment as per minimum wages

amit_lycos · #1 (**permalink**) 12-12-2007, 11:16 AM

Dear All,

There is certain amount in minimum wages act in different states.
My query is that how do we build a CTC as per minimum wages.

a) Is the minimum wages which is Basic salary+ PF+ESI should be the CTC?

b) The basic salary should comply with minimum wages or the CTC should comply with the minimum wages?

Pls help

Thanks
Amit

amit_lycos · #2 (**permalink**) 17-03-2008, 05:49 PM

Dear All,

There is certain amount in minimum wages act in different states.

My query is that how do we build a CTC breakup as per minimum wages.

a) Is the minimum wages which is Basic salary+ PF+ESI should be the CTC?

b) The basic salary should comply with minimum wages or the CTC breakup should comply with the minimum wages? Is this Industry specific.

Pls help

Thanks
Amit

amit_lycos · #3 (**permalink**) 17-03-2008, 06:26 PM

Dear ALL,

Pls help me out in this..

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