Dear All, Can anyone help me with the fact that what all components are included in wage? can minimum wage be the net salary or gross salary of an employee? Please help to get the information....
From India, Durgapur
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From India, Durgapur
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Dear All,
Can anyone help me with the fact of what components are included in wages? Can the minimum wage be the net salary or gross salary of an employee? Please help provide the information.
Regards, Ruby
From India, Durgapur
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Can anyone help me with the fact of what components are included in wages? Can the minimum wage be the net salary or gross salary of an employee? Please help provide the information.
Regards, Ruby
From India, Durgapur
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Please give a search of salary annexure in cite hr, so will be get rough idea regarding the components
From India, Hyderabad
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179From India, Hyderabad
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Hi Ashok,
Thank you for your input. I have checked, but I am not getting an idea about wages. All the information is about salary components. I want to understand the difference between the salary to be paid and the minimum wage components.
From India, Durgapur
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Thank you for your input. I have checked, but I am not getting an idea about wages. All the information is about salary components. I want to understand the difference between the salary to be paid and the minimum wage components.
From India, Durgapur
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Dear Member,
Please visit the link https://www.citehr.com/14578-differe...ge-salary.html. This will be able to clear your doubts.
Regards,
Preetam Deshpande
From India, Mumbai
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Please visit the link https://www.citehr.com/14578-differe...ge-salary.html. This will be able to clear your doubts.
Regards,
Preetam Deshpande
From India, Mumbai
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Dear All,
Minimum wages are notified from time to time by the State government. This consists of Basic Wages and DA (Special Allowance). The PF calculation will be based on these two basic components. Additionally, other allowances can be added such as HRA, Washing Allowances, and other allowances as deemed fit. This will be concluded as Gross Wages.
I hope things are clear now.
With Regards,
V K Sharma
HR, Tarapur
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Minimum wages are notified from time to time by the State government. This consists of Basic Wages and DA (Special Allowance). The PF calculation will be based on these two basic components. Additionally, other allowances can be added such as HRA, Washing Allowances, and other allowances as deemed fit. This will be concluded as Gross Wages.
I hope things are clear now.
With Regards,
V K Sharma
HR, Tarapur
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In Sudan, the components of the minimum wage are basic salary, cost of living allowance, and housing allowance based on 66%, 16%, and 18% of the minimum salary, respectively. The minimum wage is agreed upon by the government, employer union, and labor union, and it is adjusted from time to time.
From Sudan
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From Sudan
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Basic should not be less than the minimum wages prescribed by the government. HRA should be 33% of the basic salary, and conveyance should not exceed 800. Medical allowance should not exceed 1250. Other allowances may be added to complete the remaining salary.
From India, Shimla
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From India, Shimla
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Hi Sharath,
Thank you for your input. If you have any further questions or comments, feel free to reach out.
Best regards,
[Your Name]
From India, Kolkata
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Thank you for your input. If you have any further questions or comments, feel free to reach out.
Best regards,
[Your Name]
From India, Kolkata
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Dear Member,
Mr. Sharma is correct and has clarified the point. The minimum wage directed by the state government should be maintained, and HRA (40% of Basic + DA) can be provided. Furthermore, various other allowances can be given such as Conveyance = 800, Education Allowance = 200, Medical = 12500 PA, etc.
Please let me know if further clarification is needed.
Best Regards.
From India, Bangalore
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Mr. Sharma is correct and has clarified the point. The minimum wage directed by the state government should be maintained, and HRA (40% of Basic + DA) can be provided. Furthermore, various other allowances can be given such as Conveyance = 800, Education Allowance = 200, Medical = 12500 PA, etc.
Please let me know if further clarification is needed.
Best Regards.
From India, Bangalore
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