Dear Seniors, I am a newly joined HR professional in a manufacturing company. My last experience was in recruitment. Our company falls under the Factory Act. Currently, we have 12 workers and 5 staff members. We pay Rs. 5500/- per month to each worker as a starting salary. Is this amount correct? Could you please advise on what should be the minimum wage for a worker?
Regards, Sushama
From India, Mumbai
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Regards, Sushama
From India, Mumbai
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Minimum Wages Based on Manufacturing Activity
Minimum wages for your establishment will be based on the nature of the manufacturing activity you conduct. So, please provide the nature of your product.
For quick information, please visit paycheck.in.
Regards,
Preetam Deshpande
From India, Mumbai
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133Minimum wages for your establishment will be based on the nature of the manufacturing activity you conduct. So, please provide the nature of your product.
For quick information, please visit paycheck.in.
Regards,
Preetam Deshpande
From India, Mumbai
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Dear Sushma You may refer the Maharashtra Govt official sites 'Mahashram' to know the latest notification for MW as well as any other updates pertaining ro labour rules Regards Nishikant
From India, Surat
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From India, Surat
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You are in Navi Mumbai, working at a manufacturing company. Navi Mumbai falls under Zone I, so the rates applicable in Zone I apply to you.
Understanding Applicable Wage Rates
For manufacturing, if your company does not fall under any of the scheduled industries listed among the 65, the rates of the factory (residuary) will be applicable to you. However, if your company falls under any of the scheduled industries, then the rates specific to that industry will be applicable to you. For example, if your company is an engineering unit, the rates for the engineering industry will apply to you.
I hope I have made this very clear. For your reference, I am attaching the revised minimum wage rates in Zone I for select industries, as calculated by me.
Regards.
From India, Mumbai
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Understanding Applicable Wage Rates
For manufacturing, if your company does not fall under any of the scheduled industries listed among the 65, the rates of the factory (residuary) will be applicable to you. However, if your company falls under any of the scheduled industries, then the rates specific to that industry will be applicable to you. For example, if your company is an engineering unit, the rates for the engineering industry will apply to you.
I hope I have made this very clear. For your reference, I am attaching the revised minimum wage rates in Zone I for select industries, as calculated by me.
Regards.
From India, Mumbai
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Thank you very much for your assistance. Our company is a bakery machine manufacturer; all equipment comes from China, and here we only assemble them and conduct quality checks. My doubt regarding worker salaries has been clarified.
Appropriate Salary for Staff
I would like to know what the appropriate salary should be for our staff. We have an account manager who has been with us for two years, a purchase cum admin executive also with two years of experience, and I have recently joined the team.
Thanks & Regards,
Sushama Chandratre
From India, Mumbai
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Appropriate Salary for Staff
I would like to know what the appropriate salary should be for our staff. We have an account manager who has been with us for two years, a purchase cum admin executive also with two years of experience, and I have recently joined the team.
Thanks & Regards,
Sushama Chandratre
From India, Mumbai
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Minimum wage Engineering Industry 2014-15.pdf