Dear Seniors,
Good morning.
Thanks in advance.
I have a clarification regarding minimum wage calculation - should it be calculated for 26 days or 30 days? Is there a rule for the same? Kindly clarify this as soon as possible.
Thanks,
Ravi
From India, Sedam
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Good morning.
Thanks in advance.
I have a clarification regarding minimum wage calculation - should it be calculated for 26 days or 30 days? Is there a rule for the same? Kindly clarify this as soon as possible.
Thanks,
Ravi
From India, Sedam
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Dear Ravi,
The minimum wages per month are to be divided by 26 for the calculation of per day wages. In this case, you are not required to provide a weekly off day with wages as we have divided the wages per month by 26.
Regards,
R.N.Khola
(Labour Law & Legal Consultants)
09810405361
From India, Delhi
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422The minimum wages per month are to be divided by 26 for the calculation of per day wages. In this case, you are not required to provide a weekly off day with wages as we have divided the wages per month by 26.
Regards,
R.N.Khola
(Labour Law & Legal Consultants)
09810405361
From India, Delhi
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Hi friends,
Can you clarify for me the components of minimum wages payable, such as (Basic+DA+HRA) or any other components? Are conveyance and mobile reimbursement included in minimum wages? Is there any notification available that provides the details and definition of minimum wages law?
From Korea
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Can you clarify for me the components of minimum wages payable, such as (Basic+DA+HRA) or any other components? Are conveyance and mobile reimbursement included in minimum wages? Is there any notification available that provides the details and definition of minimum wages law?
From Korea
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Dear Friends,
The question here is how do we calculate the monthly wage if the Notified wage is "DAILY WAGE." I find all advice is with regard to the calculation of the daily wage from the notified monthly wage by dividing the given monthly wage by twenty-six. The catch is that as per the law, even a daily wager has to be given a paid rest day once a week, and the wage for the rest day has to be not less than the prescribed or notified "DAILY WAGE." So, the question here is how do we calculate the monthly wage if the given wage is only "DAILY WAGE" as per the notification and it is silent about the "MONTHLY WAGE."
Shimlacharlie
From India, Delhi
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The question here is how do we calculate the monthly wage if the Notified wage is "DAILY WAGE." I find all advice is with regard to the calculation of the daily wage from the notified monthly wage by dividing the given monthly wage by twenty-six. The catch is that as per the law, even a daily wager has to be given a paid rest day once a week, and the wage for the rest day has to be not less than the prescribed or notified "DAILY WAGE." So, the question here is how do we calculate the monthly wage if the given wage is only "DAILY WAGE" as per the notification and it is silent about the "MONTHLY WAGE."
Shimlacharlie
From India, Delhi
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Dear Friends,
The question raised here is how do we calculate the monthly wage if the prescribed wage as per the Government Notification is only "DAILY WAGE." There is no doubt that in order to calculate the "DAILY WAGE" from the notified monthly wage, the monthly wage is to be divided by twenty-six. But how do we calculate the monthly wage if the Government notification gives only "DAILY WAGE" and is totally silent about the monthly wage?
As far as I understand, even a "DAILY WAGER" who works continuously for six days has to be given a paid rest day, and the payment for the rest day cannot be less than the notified "DAILY WAGE." In other words, it would mean that a "DAILY wager" will have to be paid for twenty-six days that he actually works in a month and for four rest days to which he is entitled as per law in case the Government notification is silent with regard to the monthly wage, i.e., a total of thirty days.
Shimlacharlie
From India, Delhi
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The question raised here is how do we calculate the monthly wage if the prescribed wage as per the Government Notification is only "DAILY WAGE." There is no doubt that in order to calculate the "DAILY WAGE" from the notified monthly wage, the monthly wage is to be divided by twenty-six. But how do we calculate the monthly wage if the Government notification gives only "DAILY WAGE" and is totally silent about the monthly wage?
As far as I understand, even a "DAILY WAGER" who works continuously for six days has to be given a paid rest day, and the payment for the rest day cannot be less than the notified "DAILY WAGE." In other words, it would mean that a "DAILY wager" will have to be paid for twenty-six days that he actually works in a month and for four rest days to which he is entitled as per law in case the Government notification is silent with regard to the monthly wage, i.e., a total of thirty days.
Shimlacharlie
From India, Delhi
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Please provide us notification of wage for computer operator in Lucknow City for Oil Company
From India, Delhi
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From India, Delhi
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Dear all,
Greetings for the day.
The explanation by Mr. Khola is true. In addition to that, I suggest the formula to calculate daily wage as basic + da/26.
Thanks & Regards,
From,
Sumit Kumar Saxena
From India, Ghaziabad
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Greetings for the day.
The explanation by Mr. Khola is true. In addition to that, I suggest the formula to calculate daily wage as basic + da/26.
Thanks & Regards,
From,
Sumit Kumar Saxena
From India, Ghaziabad
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Dear all, i just wanted to know in which section above calculation is mentioned . regards Rajendra Mohanty Asst. Manager-HR 9760088833
From India, New Delhi
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From India, New Delhi
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Hi friends,
Can you clarify the components of minimum wages payable? For example, is it (Basic + DA + HRA)? Additionally, does the employee's portion of EPF and ESIC get included in this calculation? Also, if we offer a basic salary of 6500/- per month, are we liable to pay a bonus or not?
From India, Mumbai
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Can you clarify the components of minimum wages payable? For example, is it (Basic + DA + HRA)? Additionally, does the employee's portion of EPF and ESIC get included in this calculation? Also, if we offer a basic salary of 6500/- per month, are we liable to pay a bonus or not?
From India, Mumbai
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Government hikes minimum wage for agriculture labourer.doc
Minimum Wage Notification wef 1 .04.2010.pdf