You have stated that you have engaged the Employee on Monthly Salary basis.Consequently for full attendance Monthly Salary as mentioned in Minimum Wages Notification is payable.
Dear Mr Mohan Kumar can you please clarify how Monthly rated Employee earns 1 day salary extra if month has 31 days?
Similarly, will Monthly rated Employee earn 2 days less salary in February?
From India, New Delhi
Monthly salary, Daily salary, weekly salary, hourly salary...etc. all are different from each other. As per your question you have mentioned that person is getting salary as monthly basis. So where again days come from? It totally depends upon the month. It will not consider how many days or hours or week that particular person served. It only consider the month.
From India, Bengaluru
I would like to request you to go through the G.O issued by the Government. If the rates of minimum wages fixed for a particular category is by day or month, the method of its conversion to day or month as the case be would certainly have been given in the "explanations" to the G.O. IF the minimum wages fixed is at daily rate, to arrive at the monthly rate you have to multiply the daily rate by 30; if it is at monthly rate, the daily rate has to be arrived at by dividing the monthly rate by 26.
Therefore, as per your input, the monthly wages shall be Rs.10,050-00 [ 335 X 30 ] irrespective of the actual days of a particular calendar month. In your case, the industry monthly wages being paid is less than the minimum wages fixed.
From India, Salem