Dear Members,
I am working in a company having plant in different locations within a state (AP). The criterion for OT payments are different in each of these locations. Some are fixed rates while some are on salary. I request the members to inform how to standardise the OT payment for all the locations (as per law). IN this regard if you have any policy on Overtime, kindly share with me. I also would like to frame one such policy for our company.
Thanks in advance.
Ramesh
From Japan, Tokyo
I am working in a company having plant in different locations within a state (AP). The criterion for OT payments are different in each of these locations. Some are fixed rates while some are on salary. I request the members to inform how to standardise the OT payment for all the locations (as per law). IN this regard if you have any policy on Overtime, kindly share with me. I also would like to frame one such policy for our company.
Thanks in advance.
Ramesh
From Japan, Tokyo
Go through factories and establishment act book which is available at Koti at any book stall. It will give you detailed knowledge about OT in factories and shops.
From India, Hyderabad
11From India, Hyderabad
Dear ramesh
If your establishment is one which is covered by the Shops and Establshments Act of your State, you need to follow the formula prescribed under it.If it is one covered by Factories Act, you need to follow the formula provided there in. It is mandatory and thus there is no scope for different units having different formulae for O.T Payment.
B.Saikumar
HR & Labour Law advisor
Mumbai
From India, Mumbai
If your establishment is one which is covered by the Shops and Establshments Act of your State, you need to follow the formula prescribed under it.If it is one covered by Factories Act, you need to follow the formula provided there in. It is mandatory and thus there is no scope for different units having different formulae for O.T Payment.
B.Saikumar
HR & Labour Law advisor
Mumbai
From India, Mumbai
Dear Friend,
I am working with a big Inurance Company
I Just want to know that
1) how should define the wages & compensation for each task i.e. Workers, Executive Level, Managerial Level, Top Management Level
2) What are the basic conditions for defining BASIC, DA,HRA, COMPENSATION, AND CONTRIBUTION OF PF FROM Employer Side ? is there any government norms for defining these scales ?,
3) i have seen that the employer contribution of EPF is different, even some employer does contribute the EPFand only deduct the EPF from employees salary ?, is this right , need guidelines in this regard.
Thanks.
From India
I am working with a big Inurance Company
I Just want to know that
1) how should define the wages & compensation for each task i.e. Workers, Executive Level, Managerial Level, Top Management Level
2) What are the basic conditions for defining BASIC, DA,HRA, COMPENSATION, AND CONTRIBUTION OF PF FROM Employer Side ? is there any government norms for defining these scales ?,
3) i have seen that the employer contribution of EPF is different, even some employer does contribute the EPFand only deduct the EPF from employees salary ?, is this right , need guidelines in this regard.
Thanks.
From India
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