Query On : Minimum Wages Act

Dear All,
I could find the information on Mini wages but not on the salary, actually we have a security person for whom i need to see what is min salary range to take him on payroll. I am working in a software development company having 70+ employees on payroll.
Please reply.
Thanks
Payal Gade

Hi... Payal,
Is this security guard is on company pay roll? If not than it is your contractor headache for his payroll,
If yes as per minimum wages act security guard pay roll is as below:
Basic wages: 3400.00
PF: 12% of basic
Bonus: 10% of basic
Paid holiday: 1% of basic
21 days paid leave: 6% of basic
gratuity: 4% of basic
ESIC: (Wages + hra+conv) - 4.75%
labour welfare fund: 2.33%
HRA: 180
Conveyance:220
regards,
jayshree

Dear Friend,
Before coming to conclusion u have to c whether ur premises covered under State or Central Act!!!

dear Jayshree,
can you guide what should be the minimum wages if the guards are outsourced. Also tell me what are the allowances, and deductions , which are to be paid mandatorily to the security agency, by the company
Niranjan