Dear all,
Please find the Code of Wages Act 2019 and gazetted wages 2019 for the information of all concerned.
Key Highlights:
1. Employee definition includes Supervisory, Administrative, and Managerial employees too.
2. 24K sealing for employee definition dissolved.
3. Scheduled Employment abolished. Thus, now almost everyone will be covered under the definition of Employee.
4. OT double of normal wages versus the current practice of double of Basic + DA.
5. Consent of Employees for OT required.
6. There will be a National Floor wage. No state to have MW less than this.
7. F&F payment within 2 days after relieving.
8. Inspector Vs. Inspector-cum-Facilitator. Advisory role to Employer and Workers.
9. Related Rules and Implementation date are pending. We need to wait.
10. Digital compliance enhanced.
11. Basic + DA must be a minimum of 50% of gross wages.
12. Wages paid in Kind cannot be more than 15% of the Gross wages.
13. Bonus shall be applicable to all even if the Basic + DA exceeds 21K. Need to wait for the rules for more clarity.
14. There is no gender discrimination in this code.
15. Conviction for Sexual Harassment stands as disqualification for Bonus applicability.
16. Web-based inspection process introduced.
17. Employee and Worker defined separately.
18. Electronic payments encouraged.
19. Penalties will increase 10x.
20. Now even an Employee and Trade Union can file a complaint against an organization. Earlier only the Inspector had this right.
21. Minimum Wages = Basic + DA + Retention Allow (Eg - Sugar Mills).
22. Minimum Wages will be revised every 5 years by the Govt. Periodical revisions of DA will continue as it is.
23. Deductions from wages to be only as per the prescription of the law. No other deductions will be allowed.
24. 4 Central acts merged in this code, namely Minimum Wages, Payment of Wages, Bonus Act, and Equal Remuneration Act. It has 9 Chapters.
**Location**: Secunderabad, India
code of wages, wages act, Country-India, City-India-Secunderabad,
From India, Secunderabad
Acknowledge(0)
Amend(0)
57Please find the Code of Wages Act 2019 and gazetted wages 2019 for the information of all concerned.
Key Highlights:
1. Employee definition includes Supervisory, Administrative, and Managerial employees too.
2. 24K sealing for employee definition dissolved.
3. Scheduled Employment abolished. Thus, now almost everyone will be covered under the definition of Employee.
4. OT double of normal wages versus the current practice of double of Basic + DA.
5. Consent of Employees for OT required.
6. There will be a National Floor wage. No state to have MW less than this.
7. F&F payment within 2 days after relieving.
8. Inspector Vs. Inspector-cum-Facilitator. Advisory role to Employer and Workers.
9. Related Rules and Implementation date are pending. We need to wait.
10. Digital compliance enhanced.
11. Basic + DA must be a minimum of 50% of gross wages.
12. Wages paid in Kind cannot be more than 15% of the Gross wages.
13. Bonus shall be applicable to all even if the Basic + DA exceeds 21K. Need to wait for the rules for more clarity.
14. There is no gender discrimination in this code.
15. Conviction for Sexual Harassment stands as disqualification for Bonus applicability.
16. Web-based inspection process introduced.
17. Employee and Worker defined separately.
18. Electronic payments encouraged.
19. Penalties will increase 10x.
20. Now even an Employee and Trade Union can file a complaint against an organization. Earlier only the Inspector had this right.
21. Minimum Wages = Basic + DA + Retention Allow (Eg - Sugar Mills).
22. Minimum Wages will be revised every 5 years by the Govt. Periodical revisions of DA will continue as it is.
23. Deductions from wages to be only as per the prescription of the law. No other deductions will be allowed.
24. 4 Central acts merged in this code, namely Minimum Wages, Payment of Wages, Bonus Act, and Equal Remuneration Act. It has 9 Chapters.
**Location**: Secunderabad, India
code of wages, wages act, Country-India, City-India-Secunderabad,
From India, Secunderabad
Acknowledge(0)Amend(0)Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.
Highlights of Code on Wages 2019.pdf