Dear All,
This reference to the MW as per different state notifications. Do we need to see gross salary, should not be less than MW or the basic less than the MW ?
Please suggest.
Thanks & Regards,
Anish
From Germany, Freudenberg
This reference to the MW as per different state notifications. Do we need to see gross salary, should not be less than MW or the basic less than the MW ?
Please suggest.
Thanks & Regards,
Anish
From Germany, Freudenberg
Dear Anish,
Greetings for the day,
Minimum wages is the component of basic +da, so how basic salary should be birfurcated into another basic. Birfurcation of minimum wages is strictly prohibited.
Thanks & Regards,
From,
Sumit Kumar Saxena
From India, Ghaziabad
252Greetings for the day,
Minimum wages is the component of basic +da, so how basic salary should be birfurcated into another basic. Birfurcation of minimum wages is strictly prohibited.
Thanks & Regards,
From,
Sumit Kumar Saxena
From India, Ghaziabad
Thanks Sumit for your response.
It is surprising and annoying to find such queries so often.
I wonder why companies - which are incorporated legal entities; can not THINK BEYOND the Minimum Wages prescribed by the Law.
Moreover. they Think and Plan to BREAK-UP these wages to rob the poorest of Labour and to REDUCE their statutory obligations prescribed under the Law.
Are they happy to achieve MINIMUM Profit ??
Would they be happy if employees perform MINIMUM work ??
Would they HIRE PEOPLE with MINIMUM qualifications ??
Would they be happy if they are called the LOWEST among companies ??
Warm regards.
From India, Delhi
It is surprising and annoying to find such queries so often.
I wonder why companies - which are incorporated legal entities; can not THINK BEYOND the Minimum Wages prescribed by the Law.
Moreover. they Think and Plan to BREAK-UP these wages to rob the poorest of Labour and to REDUCE their statutory obligations prescribed under the Law.
Are they happy to achieve MINIMUM Profit ??
Would they be happy if employees perform MINIMUM work ??
Would they HIRE PEOPLE with MINIMUM qualifications ??
Would they be happy if they are called the LOWEST among companies ??
Warm regards.
From India, Delhi
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Typical salary breakup.jpg
Salary breakup.xls
Salary Breakup Annexure.doc