No Tags Found!

parag_kawale
2

Dear All,
If a daily rates worker met with an accident & got expired then
what will be the formula for calculation of compensation under
Employees Compensation act in death case?
Suppose he was drawing Rs.250/- per day.
1) 250 x 30 = 7500
7500 x 50%= 3750 x relevant factor
2) 250 x 26 = 6500
6500 x 50%= 3250 x relevant factor
Kindly suggest which one is correct out of the above two.
Thanx,
Parag

From India, Nasik
v.harikrishnan
169

Dear Mr.Parag Please read section 5 of the Employees Compensation Act. The answer to your post is contained in that section. With regards
From India, Madras
sonigold87@yahoo.com
dear parag,
daily rate worker formula is given below.
1) 250 x 30 = 7500
7500 x 50%= 3750 x relevant factor.
because daily workers payment dailly basis that is why your 1 no. faormula is right.
sachin kuamr soni
(Personnel Executive)
Shayam Group

From India, Allahabad
v.harikrishnan
169

Dear sonigold87Wyahoo.com If the Act prescribes a particular method for calculating the wages, that method has to be followed. With regards
From India, Madras
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.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.