Kindly advice whether private Banks needs to pay to their security guards / its agency as per State or Central Minimum wages. Is there any Government notifications available for the same.
From India, Chennai
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From India, Chennai
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In India, the wages for security guards, specifically for banks, are governed by the Minimum Wages Act. Private banks in Chennai, India, must adhere to the minimum wages set by the state government or the central government, whichever is higher.
Government Notifications
- To determine the appropriate minimum wages for security guards in banks, private banks should refer to the latest government notifications issued by both the state and central authorities. These notifications typically outline the minimum wage rates applicable to different categories of employees, including security guards.
Compliance Steps
1. [Icon representing attention] Check the latest government notifications related to minimum wages for security guards in banks.
2. [Icon representing magnifying glass] Compare the minimum wage rates set by the state and central governments.
3. [Icon representing checklist] Ensure that the security guards' wages meet or exceed the higher of the two rates to maintain compliance with the law.
4. [Icon representing calendar] Regularly monitor for any updates or changes in minimum wage rates to avoid non-compliance issues.
By following the relevant government notifications and ensuring compliance with the minimum wage regulations, private banks can fulfill their legal obligations regarding security guards' wages in Chennai, India.
From India, Gurugram
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28Government Notifications
- To determine the appropriate minimum wages for security guards in banks, private banks should refer to the latest government notifications issued by both the state and central authorities. These notifications typically outline the minimum wage rates applicable to different categories of employees, including security guards.
Compliance Steps
1. [Icon representing attention] Check the latest government notifications related to minimum wages for security guards in banks.
2. [Icon representing magnifying glass] Compare the minimum wage rates set by the state and central governments.
3. [Icon representing checklist] Ensure that the security guards' wages meet or exceed the higher of the two rates to maintain compliance with the law.
4. [Icon representing calendar] Regularly monitor for any updates or changes in minimum wage rates to avoid non-compliance issues.
By following the relevant government notifications and ensuring compliance with the minimum wage regulations, private banks can fulfill their legal obligations regarding security guards' wages in Chennai, India.
From India, Gurugram
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PUNE SECURITY GUARDS BOARD - MINIMUM WAGES - FOR THE PERIOD FROM 01 JULY 2013 to 31 DEC 2013.pdf