Dear Ayona
Point 1
We are an BPO and a software development company, you have already mentioned that BPO would fall under the Shops and Establishment Act. Then what bt the software division?
Software will also be an establishment. It falls under Shops and establishments
2) we do not have DA, we only have the basic, so this means that the basic should always be the amount equivalent to the min. Wages as specified.....right?
You are right. For the notified positions. Just check whether they have notified a position as software engineer If it is not then that category will not fall under minimum wages.
3) We operate in Kolkata, so could you please provide me with the information about where to get the revised min wages form? I downloaded that from this very cite, but thats very confusing.
These notifications will be available with Labour Department. Easiest way is to approach any Employers Organisation especially CII, FICCI etc They have these copies and they circulate to all memebers. Otherwise walk into Head Quarters of Labour Department It is called Commissioners Office You will find Minimum Wages wing there. You can get a copy.Most of the Unions will have in their office
I suggest you go to commissioners office and get a copy It is authentic
Siva
From India, Chennai
368Point 1
We are an BPO and a software development company, you have already mentioned that BPO would fall under the Shops and Establishment Act. Then what bt the software division?
Software will also be an establishment. It falls under Shops and establishments
2) we do not have DA, we only have the basic, so this means that the basic should always be the amount equivalent to the min. Wages as specified.....right?
You are right. For the notified positions. Just check whether they have notified a position as software engineer If it is not then that category will not fall under minimum wages.
3) We operate in Kolkata, so could you please provide me with the information about where to get the revised min wages form? I downloaded that from this very cite, but thats very confusing.
These notifications will be available with Labour Department. Easiest way is to approach any Employers Organisation especially CII, FICCI etc They have these copies and they circulate to all memebers. Otherwise walk into Head Quarters of Labour Department It is called Commissioners Office You will find Minimum Wages wing there. You can get a copy.Most of the Unions will have in their office
I suggest you go to commissioners office and get a copy It is authentic
Siva
From India, Chennai
Dear Ayonadehr,
In reply to your query, i would suggest you tO prepare the breakup in this way that BASIC amount should not be less than MINIMUM WAGES APPLIED TO WEST BENGAL LOCATION.
According to LATEST MINIMUM WAGES OF WEST BENGAL, (NOTIFICATION DATED 7TH APRIL 2008 .THE BASIC AMOUNT SHOULD BE RS 3540--,i. e. per day--Rs 118 ( see in the link below). Rest of the amount u can adjust in HRA, conyeyance or spl allowance.
http://labour.nic.in <link updated to site home>
For further clarification at this, u r most welcome
From India, Gurgaon
In reply to your query, i would suggest you tO prepare the breakup in this way that BASIC amount should not be less than MINIMUM WAGES APPLIED TO WEST BENGAL LOCATION.
According to LATEST MINIMUM WAGES OF WEST BENGAL, (NOTIFICATION DATED 7TH APRIL 2008 .THE BASIC AMOUNT SHOULD BE RS 3540--,i. e. per day--Rs 118 ( see in the link below). Rest of the amount u can adjust in HRA, conyeyance or spl allowance.
http://labour.nic.in <link updated to site home>
For further clarification at this, u r most welcome
From India, Gurgaon
Dear Friends,
Lot's confusion on this.....would like to add few words..
State government has right to decide the minimum wages, it varies from industry to industry. So first do not give any kind of india untill and unless we dont know the the person is asking for minimu wages for which state...Minimum wages includes Basic+DA, HRA. For Chemical industries in Maharashtra it has been defined in three criteria:
1. Skilled
2. Semi Skilled,
3. Non Skilled
For all above category government has fixed an amount to pay. It could also be varies from location to location, if defines by govt. (see the case of Maharashtra)
Generally an organisation requires most of the semiskilled employees/worker, in this case for a chemical company in Maharashtra it has been decides as follows:
Basic + DA+HRA ( not below than 5% of Basic + DA) = 3258/month, whereas Rs. 648 has been decided as DA (Chemical industry, it can also be varies as per the industry), rest calculation can be done easily and we can get the minimum required amount for Basic.
Best Regards
Deepak Dwivedi
From China
Lot's confusion on this.....would like to add few words..
State government has right to decide the minimum wages, it varies from industry to industry. So first do not give any kind of india untill and unless we dont know the the person is asking for minimu wages for which state...Minimum wages includes Basic+DA, HRA. For Chemical industries in Maharashtra it has been defined in three criteria:
1. Skilled
2. Semi Skilled,
3. Non Skilled
For all above category government has fixed an amount to pay. It could also be varies from location to location, if defines by govt. (see the case of Maharashtra)
Generally an organisation requires most of the semiskilled employees/worker, in this case for a chemical company in Maharashtra it has been decides as follows:
Basic + DA+HRA ( not below than 5% of Basic + DA) = 3258/month, whereas Rs. 648 has been decided as DA (Chemical industry, it can also be varies as per the industry), rest calculation can be done easily and we can get the minimum required amount for Basic.
Best Regards
Deepak Dwivedi
From China
BAsic + DA is fixed as per the Govt rules which varies from nature of the company. as per my knowledge the basic + DA is compulsory while fixing the employee salary. the basic + DA will be approximaitly 3200/- permonth. i.e 2800 + VDA 400 which depend upon the class of city and this may be revised from April 2008.
Hope this will help you.
Ram
HR
Hope this will help you.
Ram
HR
Dear All,
Whenever We Talk About Minimum Wages, We Should Think That In What Reference We Are Talking About The Rates. All BPO, IT Companies,pvt Or Limited , All Offices Comes Under " Shops And Establishements".
That, S Why I Have Mentioned The Amount Of Rs 3540 In My Above Query Of "ayonadehr". That Amount Applies To Shops And Establishement Category As BPO Comes In That. The Amount Of Rs 118, Reflects The " Skilled " Category.
From India, Gurgaon
Whenever We Talk About Minimum Wages, We Should Think That In What Reference We Are Talking About The Rates. All BPO, IT Companies,pvt Or Limited , All Offices Comes Under " Shops And Establishements".
That, S Why I Have Mentioned The Amount Of Rs 3540 In My Above Query Of "ayonadehr". That Amount Applies To Shops And Establishement Category As BPO Comes In That. The Amount Of Rs 118, Reflects The " Skilled " Category.
From India, Gurgaon
There is a rule called 40:60 that means 40% of the gross salary will be taken as basic, maximum 50% of basic will be as HRA and rest amount can be distributed among other components say, conveyance, Education, Medical, Site allowance, CCA, Personal Pay etc. according to your corporate policy.
Hi,
The Minimum wages is different for different Category of employees & also varies from state to state. This is revised every six months by the Labour Department in January & June based on the consumer Price Index. The component for Minimum wages is Basic & HRA. of which only 5 % can be considered for HRA.
In West Bengal the minimum wage for Establishment from 1st Jan., 08 is Rs. 3140.00 for Peon/Messenger/Workmen engaged in Loading and unloading works. This means the Basic salary can be Rs. 3000/- and HRA Rs. 140/-
Regards
Subrato
The Minimum wages is different for different Category of employees & also varies from state to state. This is revised every six months by the Labour Department in January & June based on the consumer Price Index. The component for Minimum wages is Basic & HRA. of which only 5 % can be considered for HRA.
In West Bengal the minimum wage for Establishment from 1st Jan., 08 is Rs. 3140.00 for Peon/Messenger/Workmen engaged in Loading and unloading works. This means the Basic salary can be Rs. 3000/- and HRA Rs. 140/-
Regards
Subrato
Dear Friends,
The respective State Government may fix the Minimum Wages for their local industries / establishments. (Go for the Minimum Wages Act). To know the
details of the Minimum Wages please go through the attachment.
Regards,
PBS KUMAR
9848499629
From India, Kakinada
The respective State Government may fix the Minimum Wages for their local industries / establishments. (Go for the Minimum Wages Act). To know the
details of the Minimum Wages please go through the attachment.
Regards,
PBS KUMAR
9848499629
From India, Kakinada
Hi Ayona,
After gone through all the responses i summarise the same :
1. Minimumwage is differe in differen states
2. Minimum wage is also differen for different position (un skill, skill, semi skill, matriculate, graduate (white colour job)etc)
3. Any basic should notbe less than Minimum wage (i.e Basic+DA), here in pvt sector you will rarely found DA in any organisation.
4. after fixing the Minimum basic you can put other amount in any category (like HRA-it depend on City but in any case it should not be more than 60%, Transport maximum of Rs.800/- like this.
5. as well as Bonus is concern it should not be part of gross, but could be count in CTC .
If still have any query, you can mail me or call me on +91-9818067206.
Hope this will clear your ideas.
From India, Delhi
After gone through all the responses i summarise the same :
1. Minimumwage is differe in differen states
2. Minimum wage is also differen for different position (un skill, skill, semi skill, matriculate, graduate (white colour job)etc)
3. Any basic should notbe less than Minimum wage (i.e Basic+DA), here in pvt sector you will rarely found DA in any organisation.
4. after fixing the Minimum basic you can put other amount in any category (like HRA-it depend on City but in any case it should not be more than 60%, Transport maximum of Rs.800/- like this.
5. as well as Bonus is concern it should not be part of gross, but could be count in CTC .
If still have any query, you can mail me or call me on +91-9818067206.
Hope this will clear your ideas.
From India, Delhi
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