How Should We Implement the New ₹24,000 Salary Rule? Seeking Guidance on Its Scope and Process

Dear Sir,

As per the notification under the Payment of Wages Act, the salary is now set at ₹24,000. How should we implement this change? Is it applicable only to staff or workers, or does it affect everyone?

Please advise me on how to proceed according to the circular. I have limited knowledge about the entire process.

Regards,
Tridibesh Roy
8013292526

To implement the new salary threshold of ₹24,000 as per the Payment of Wages Act, follow these steps:

Understanding the Notification
- The new notification under the Payment of Wages Act mandates a minimum salary of ₹24,000.
- This change applies to all employees, including staff and workers, irrespective of their designation.

Steps to Implement the Change
1. [Icon] Review Current Pay Structures:
- Assess your current pay structures to identify employees earning below ₹24,000.

2. [Icon] Salary Adjustment:
- For employees earning less than ₹24,000, adjust their salaries to meet the new requirement.

3. [Icon] Communication:
- Inform all employees about the salary revision and the reasons behind it.

4. [Icon] Documentation:
- Update employment contracts or agreements to reflect the revised salary amounts.

5. [Icon] Compliance Check:
- Ensure that all payroll processes comply with the new salary threshold.

Additional Considerations
- Seek legal advice to ensure full compliance with the Payment of Wages Act.
- Address any concerns or queries from employees regarding the salary adjustment.

By following these steps, you can effectively implement the new ₹24,000 salary requirement as per the Payment of Wages Act.