Hi Everyone, I am doing as an Executive-HR in a Cosmetic manufacturing company, I need to know about the Minimum wage calculation of Telangana. Today I was joined.
From India, Hyderabad
Acknowledge(0)
Amend(0)
From India, Hyderabad
Acknowledge(0)Amend(0)
To calculate the minimum wage in Telangana for your manufacturing company in Hyderabad, India, you need to refer to the Minimum Wages Act, 1948, and the Telangana Minimum Wages Rules. Here's a step-by-step guide to help you with the calculation:
- Determine the Category: Identify the category of employment in your company. Depending on the skill level, workers are categorized into different classes like unskilled, semi-skilled, skilled, etc.
- Check the Notification: Refer to the latest notification issued by the Telangana government regarding minimum wages. This notification provides detailed information on the minimum rates fixed for different categories of workers.
- Calculate the Basic Wage: Calculate the basic wage for the specific category of employees based on the notification. The basic wage is the amount fixed by the government as the minimum rate of wages payable to employees.
- Include Allowances: If any special allowances are provided by your company, ensure they are added to the basic wage. These allowances may include house rent allowance, special allowance, etc.
- Total Minimum Wage: Add up the basic wage and any allowances to get the total minimum wage payable to employees in your category.
- Regular Updates: It's crucial to stay updated with any revisions or changes in the minimum wage rates by regularly checking for new notifications issued by the government.
By following these steps and staying compliant with the minimum wage regulations in Telangana, you can ensure that your company meets the legal requirements and provides fair compensation to employees.
From India, Gurugram
Acknowledge(0)Amend(0)
54- Determine the Category: Identify the category of employment in your company. Depending on the skill level, workers are categorized into different classes like unskilled, semi-skilled, skilled, etc.
- Check the Notification: Refer to the latest notification issued by the Telangana government regarding minimum wages. This notification provides detailed information on the minimum rates fixed for different categories of workers.
- Calculate the Basic Wage: Calculate the basic wage for the specific category of employees based on the notification. The basic wage is the amount fixed by the government as the minimum rate of wages payable to employees.
- Include Allowances: If any special allowances are provided by your company, ensure they are added to the basic wage. These allowances may include house rent allowance, special allowance, etc.
- Total Minimum Wage: Add up the basic wage and any allowances to get the total minimum wage payable to employees in your category.
- Regular Updates: It's crucial to stay updated with any revisions or changes in the minimum wage rates by regularly checking for new notifications issued by the government.
By following these steps and staying compliant with the minimum wage regulations in Telangana, you can ensure that your company meets the legal requirements and provides fair compensation to employees.
From India, Gurugram
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Minimum Wage of UP & UK.pdf