Can anyone define how many working days to be calculated according to J&K minimum wage act?
From India, Delhi
Acknowledge(0)
Amend(0)
From India, Delhi
Acknowledge(0)Amend(0)
Hi Tapan, your query requires more information to be given. As far as I understood, you are asking how many working days are in a month to be calculated. Well, minimum wage has nothing to do with the calculation of working days. Minimum wage is the amount prescribed by the labor department as threshold-category wise, i.e., Skilled, Semi-Skilled, Highly Skilled, Unskilled, etc. Accordingly, an amount is set against each category for a daily wage earner and a monthly rated employee.
For the calculation of a daily wage earner, it's always the number of days to be considered multiplied by the daily wage rate. For monthly rated employees, it is the monthly minimum wage divided by the days in the month multiplied by (days worked + week offs + any paid leave). The latest minimum wage notification applicable in J&K is attached. It does not show the monthly rate, so you can multiply the daily rate by 26 to reach the monthly rate.
From India, New Delhi
Acknowledge(0)Amend(0)
124For the calculation of a daily wage earner, it's always the number of days to be considered multiplied by the daily wage rate. For monthly rated employees, it is the monthly minimum wage divided by the days in the month multiplied by (days worked + week offs + any paid leave). The latest minimum wage notification applicable in J&K is attached. It does not show the monthly rate, so you can multiply the daily rate by 26 to reach the monthly rate.
From India, New Delhi
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.
Report On The Working Of The Minimum Wages Act.doc
BONUS CALCULATION BY WORKING DAYS.xls
Minimum Wages Act & Rules Wage Slip Form No.XI-Rule (26(2.) .pdf