Dear All
I want to know that can we biferacate Minimum Wage in to different head of salary. Also clear following points.
* Minimum Wage declared by authority is Basic salary.
* If min. wage is Rs. 4000/-. Can we bifercate as Rs. 2000 Basic + 2000 HRA (or other head).
* Can we deduct the PF & ESI on Basic of Rs. 2000.
Please reply.
Thanx
Ashok More
From India, Ahmadabad
2I want to know that can we biferacate Minimum Wage in to different head of salary. Also clear following points.
* Minimum Wage declared by authority is Basic salary.
* If min. wage is Rs. 4000/-. Can we bifercate as Rs. 2000 Basic + 2000 HRA (or other head).
* Can we deduct the PF & ESI on Basic of Rs. 2000.
Please reply.
Thanx
Ashok More
From India, Ahmadabad
Dear Ashokmore
Does the employer deduct HRA from your Basic pay ??
If your rationale is fair, then why do not you give HRA as a percentage over and above the minimum wages ??
You are not the first person to think of such move, to deny theworkers' their rightful share of PF. and other benefits which are based on Basic Pay.
Sorry to inform you that such exploitative moves are not only despicable; but illegal as well.
Minimum wage is the basic pay that a workman should get - you can not bifurcate it further into 6/7/8 or more component and make it almost neglegible, thereby denying them any benefit that is based on Basic Pay.
If your intention is to make your bosses happy, I suggest, kindly think of some good beneficial policy, which will help motivate employees; the kind of work for which HR professionals are hired by companies; unless you think otherwise i.e. HR's job is to find loopholes in the labour legislations.
Warm regards.
From India, Delhi
Does the employer deduct HRA from your Basic pay ??
If your rationale is fair, then why do not you give HRA as a percentage over and above the minimum wages ??
You are not the first person to think of such move, to deny theworkers' their rightful share of PF. and other benefits which are based on Basic Pay.
Sorry to inform you that such exploitative moves are not only despicable; but illegal as well.
Minimum wage is the basic pay that a workman should get - you can not bifurcate it further into 6/7/8 or more component and make it almost neglegible, thereby denying them any benefit that is based on Basic Pay.
If your intention is to make your bosses happy, I suggest, kindly think of some good beneficial policy, which will help motivate employees; the kind of work for which HR professionals are hired by companies; unless you think otherwise i.e. HR's job is to find loopholes in the labour legislations.
Warm regards.
From India, Delhi
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