Dear Friends,

I have these 2 questions, please help me out. How should I calculate overtime for a trading proprietary business, and how should I decide the minimum wage hour for the employees? Please help me; I want answers very soon.

Anuj

From India, Bhopal
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Anju, Over Time calculation= per day Basic+DA/8*2. ur question about Minimum wage hour is not clear.
From India, Bangalore
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Thanks for sharing such important things.

Regards,
Reema

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From India, Coimbatore
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Please refer to the notification issued by the government under the Minimum Wages Act to determine the minimum wages. The notification specifies wages for various businesses such as hospitals, hotels, etc. I believe your organization falls under the category of shops and establishments. In Mumbai, the rates are as follows: skilled - 4031, semi-skilled - 3931, unskilled - 3831. If your organization does not fall under any of the businesses specified, you may refer to the Chief Labour Commissioner for further guidance.
From United States
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over time calculation (as per the act,monthly salary) Total salary/26/8*no of hrs OT*2 regarding minimum wages u can get it from labour dept (Your state) Regards Ramu Hegde
From India, Bangalore
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