No Tags Found!


mskyinfocom
Dear Team, We have launched new startup software private limited company, where we have hired 5 software engineers for the purpose. Out of these 5, we have hired 4 of them for the salary of 5000/- per month, but my auditor asks us to keep the salary above 6000/- as per labour law in Karnataka. Now, as we have already hired them for 5000/- we do not want to increase their salaries to 6000/- till next six month and in parallel, we cant remove the hired resources.
Now In this situation, suggest me, how can we overcome the situation by not increasing the salary of the 4 and also not removing them, but should be safe on records .
Please Suggest,

From India, Bengaluru
Shrikant_pra
264

Paying wages at rate lower than minimum wages for the skill is serious offence & will be dealt with severally. Just check Karantaka shops minimum wages for skilled for Zone I are 8010.8, for Zone II are 7750.8, & for Zone III are 7516.8. You have no choice but to pay wages depending on zone they are employed in. Paying Rs. 6000 is much lesser.
From India, Mumbai
Manjunath24011979
4

Hi Add 1000 as attendance bonus in salary structure for being present at right time to office timings. If person Come at right time he will get else it is savings to company
From India, Bengaluru
vmhr@rediffmail.com
25

MSKYINFOCOM
Please let me know how may employees u r having today. If you have 10 + then you have to go for ESI/EPF vol. In this case ME payment is mandatory. As pointed out by Mr. Shrikant u have to follow MW Act of Karnataka State. There is no other way or face legal issues. Do not consider the suggestion given by Mr. Manjunath as the amount is higher for that particular component again it will be questioned. MW does not not talk about any other allowances other than Basic and DA or VDA aspects. Hence, it is suggested to enhance the salary to Rs. 6,000/- if it is MW and keep employees with you. Your auditor is correct in his/her views.
Regards,
V.Murali

From India, Madipakkam
mskyinfocom
We have 8 staff as of now, out of which we have 5000/- salary for 4 staff.
can we make them as trainees or any other such and pay 5000/- as allowance or in any other form ? as this amount is transferred from pvt ltd account, we need to be accountable in what way we pay.
please suggest me an solution for this

From India, Bengaluru
Manjunath24011979
4

Hi
Yes you can consider as trainee, but there is condition.
1) Trainee should be gaining knowledge on latest technology or methods.
2) On the given training there has to be opening in the market for the future growth.
3) No training is allowed on outdated technology. It will be questened

From India, Bengaluru
vmhr@rediffmail.com
25

In that case are you maintaining attendance register or electronic system in your office? It so it is difficult to manipulate. Also, manjunath points valid. If you feel u can manage any situation, treat their salary portion as incidental expenses and conveyance expenses. But my honest suggestion is why not you be as a fair employer towards 4 staff.
V.Murali

From India, Madipakkam
mskyinfocom
@ VHR, thanks for your kind input.
whats the minimum salary to be paid, so that we can re think for the 4 staff salary.
If not, can I pay them their salary of 5000/- as conveyance expenses or is their anything can be given as stayfund or other such,
plz suggest,

From India, Bengaluru
vmhr@rediffmail.com
25

MSKYINFOCOM
Please find it (MW) from your local labour office pertains to your category of organisation as i am in Chennai I do not know what is in bgl/Karnataka. (Excuse me) If you need a HR Manager to streamline yours including your private firm's Hr systems I can do so on a regular employment basis as I am looking for an opening.
V.Murali
9941153511

From India, Madipakkam
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.