My question is Under Payment of Bonus act Ceiling is 7000 or minimum wages which ever is high. So the minimum wages which consider? Unskilled Semi Skilled Skilled Super Skilled
From India, Bhopal
Acknowledge(1)
Amend(0)
3From India, Bhopal
Acknowledge(1)Amend(0)
Dear colleague, Minimum wages applicable for individual skill level to which he is assigned. Regards Vinayak Nagarkar HR-Consultant
From India, Mumbai
Acknowledge(0)Amend(0)
From India, Mumbai
Acknowledge(0)Amend(0)
As per my knowledge, you have to consider the minimum wages in areas where it is higher than the minimum ceiling of Rs. 7,000 irrespective of the category of the employee. The minimum ceiling of Rs. 7,000 needs to be considered with the intent to offer additional benefits for those who are in areas where the minimum wage is less than Rs. 7,000. So, it is clear that the act doesn't restrict anyone from getting a higher amount of benefits. Therefore, irrespective of the category of employees, if the minimum wages of a particular state/area are higher than Rs. 7,000, then the employer is responsible for making bonus payment on that amount.
Thanks and Best Regards,
Syam
From India, Bengaluru
Acknowledge(0)Amend(0)
Thanks and Best Regards,
Syam
From India, Bengaluru
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.
Wage Ceiling Under The Payment Of Wages Act Increased From 18,000 To 24,000.pdf