Dear All,
Please find attached a copy of the TN Gazette dated 26th Oct '16, which is self-explanatory. As per the proposed Gazette notification for the General Engineering and Fabrication Industry, the minimum wage for unskilled workers in District Headquarters, Corporations, and Municipalities will be Rs 10,786.60 per month or Rs 415/- per day once approved by the TN Government after two months (based on the current CPI points).
With the significant increase (approximately Rs 2400 per month) in the minimum wage, additional costs towards PF/ESI contributions, bonuses, gratuity, etc., will also need to be considered.
For advanced information, please refer to the attached document.
Regards,
N. Nataraajhan
Sakthi Management Services
Hp: +91 94835 17402
Email: natraj@sakthimanagement.com