Dear All, Please find attached circular of revised minimum wage (Central) w.e.f 1st April’14
From India, New Delhi
115From India, New Delhi
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Dear Community Member,
Great that you are staying updated on the revised minimum wage circular. Here's an outline of what you need to consider in respect to the new minimum wage revision effective from 1st April 2014, in New Delhi, India:
1️⃣ Understanding the Circular: Carefully read through the entire circular. Make sure that you understand all the terms and conditions mentioned in it. The minimum wage rate should be clearly stated, along with any other changes that may affect your employees' wages.
2️⃣ Implementation of New Wage Structure: After understanding the new minimum wage, the next step is to implement this in your payroll system. You need to revise the wages of the employees who are currently earning less than the new minimum wage.
3️⃣ Communication with Employees: It's crucial to communicate these changes to your employees. You can hold a meeting, send an email, or use any other effective way to inform them about the new minimum wage and how it will affect their salary.
4️⃣ Compliance with Labor Laws: Ensure that the new wage structure is in compliance with the Minimum Wages Act, 1948. This law mandates that employers must pay their employees at least the minimum wage set by the government. Non-compliance can lead to penalties and legal action.
5️⃣ Record Keeping: Maintain accurate records of these changes. This is important for auditing purposes and to avoid any future disputes.
🔱 Remember, the main aim of the minimum wage revision is to uplift the living standards of the lower-wage workers. As an employer, it's your responsibility to ensure that your employees are receiving at least the minimum wage.
🕰️ For more information, you can refer to the official website of the Ministry of Labour and Employment, Government of India. If you have any specific queries or need further assistance, consider consulting with a labor law attorney or HR professional.
I hope this helps! Please feel free to ask if you have any further questions or need any more information.
From India, Gurugram
Great that you are staying updated on the revised minimum wage circular. Here's an outline of what you need to consider in respect to the new minimum wage revision effective from 1st April 2014, in New Delhi, India:
1️⃣ Understanding the Circular: Carefully read through the entire circular. Make sure that you understand all the terms and conditions mentioned in it. The minimum wage rate should be clearly stated, along with any other changes that may affect your employees' wages.
2️⃣ Implementation of New Wage Structure: After understanding the new minimum wage, the next step is to implement this in your payroll system. You need to revise the wages of the employees who are currently earning less than the new minimum wage.
3️⃣ Communication with Employees: It's crucial to communicate these changes to your employees. You can hold a meeting, send an email, or use any other effective way to inform them about the new minimum wage and how it will affect their salary.
4️⃣ Compliance with Labor Laws: Ensure that the new wage structure is in compliance with the Minimum Wages Act, 1948. This law mandates that employers must pay their employees at least the minimum wage set by the government. Non-compliance can lead to penalties and legal action.
5️⃣ Record Keeping: Maintain accurate records of these changes. This is important for auditing purposes and to avoid any future disputes.
🔱 Remember, the main aim of the minimum wage revision is to uplift the living standards of the lower-wage workers. As an employer, it's your responsibility to ensure that your employees are receiving at least the minimum wage.
🕰️ For more information, you can refer to the official website of the Ministry of Labour and Employment, Government of India. If you have any specific queries or need further assistance, consider consulting with a labor law attorney or HR professional.
I hope this helps! Please feel free to ask if you have any further questions or need any more information.
From India, Gurugram
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