Dear All...
Would be grateful if some one could upload the minimum wage (the revised one) for 2010 for the following states in english:
1. Mumbai
2. Bangalore
3. Baroda
4. Hazira
5. Patalganga
6. Coimbatore
7. Chandigardh
would require for all.... (office boys, drivers etc)
Ours is a manufacturing firm at the above different locations.
also had another doubt : what if employees who are on company role are not covered under the minimum wage act? Do we consider only the basic? or we consider basic and HRA? I am totally confused as i have got so many different answers.
Also how do we pay the ot to the employees? who r on service providers roll?
Pl do reply
Pl do reply soon.....
From India, Mumbai
2Would be grateful if some one could upload the minimum wage (the revised one) for 2010 for the following states in english:
1. Mumbai
2. Bangalore
3. Baroda
4. Hazira
5. Patalganga
6. Coimbatore
7. Chandigardh
would require for all.... (office boys, drivers etc)
Ours is a manufacturing firm at the above different locations.
also had another doubt : what if employees who are on company role are not covered under the minimum wage act? Do we consider only the basic? or we consider basic and HRA? I am totally confused as i have got so many different answers.
Also how do we pay the ot to the employees? who r on service providers roll?
Pl do reply
Pl do reply soon.....
From India, Mumbai
Though Minimum Wages Act is a Central legislation the enforcement and fixing of minimum wages is done by the State government. Therefore, rates will be different from state to state. Similarly, different states have different scheduled employment coming under the Act. However, there is one common element and that is components of wages. As such wages should consist of a basic minimum rate and variable dearness allowance which varies according to changes in consumer price index.
It is mandatory that all employees should be paid at least the minimum wages (basic + VDA). If your industry is not coming under any of the scheduled employment you have to pay at least the least minimum wages of the notified scheduled employment.
Variable Dearness allowance is calculated on the basis of the consumer price index of the place where the employees work. It will be an amount on each point of increase in CPI over a base index (as notified). For example, if the DA is Rs 15 per point of increase of CPI above 100 points and if the current CPI is 150 then the VDA will be Rs 750 ( Rs 15 X 50)
If you are paying a consolidated amount without any break up as Basic, DA, HRA etc, then the amount should not be less than the sum of basic minimum wages and VDA fixed by the respective government.
Regards,
Madhu.T.K
From India, Kannur
It is mandatory that all employees should be paid at least the minimum wages (basic + VDA). If your industry is not coming under any of the scheduled employment you have to pay at least the least minimum wages of the notified scheduled employment.
Variable Dearness allowance is calculated on the basis of the consumer price index of the place where the employees work. It will be an amount on each point of increase in CPI over a base index (as notified). For example, if the DA is Rs 15 per point of increase of CPI above 100 points and if the current CPI is 150 then the VDA will be Rs 750 ( Rs 15 X 50)
If you are paying a consolidated amount without any break up as Basic, DA, HRA etc, then the amount should not be less than the sum of basic minimum wages and VDA fixed by the respective government.
Regards,
Madhu.T.K
From India, Kannur
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Minimum Wage of UP & UK.pdf