this is a brief info wages act 1936Full description
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The minimum wages Act defines wages under Section 2 (h), which reads as under— “Wages means all remuneration, capable of being expressed in terms of money, which would be, in terms of contr…Full description
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The minimum wages Act defines wages under Section 2 (h), which reads as under— “Wages means all remuneration, capable of being expressed in terms of money, which would be, in terms of contr…Full description
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Acknowledgment
THE PAYMENT OF WAGES ACT, 1936
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THE PAYMENT OF WAGES ACT, 1936 Preamble:- An act to regulate the Payment of wages to certain classes of employed persons.
Objective of the Act : To avoid withholding wages, delays in paying wages
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APPLICABILITY OF THE ACT • This Act is applicable to persons whose wages does not exceed Rs. 6500 per month (2005) or such other higher sum which, on the basis of figures of the Consumer Expenditure Survey published by the National Sample Survey Organisation, the Central Government may, after every five years, by notification
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IMPORTANT DEFINTIONS • Section 2 (Vi)- Wages- · “Wages" means all remuneration (whether by way of salary allowances or otherwise) expressed in terms of money or capable of being so expressed which would if the terms of employment express or implied were
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Definition of Wages: • Wages includes- (a) any remuneration payable under any award or settlement between the parties or order of a Court (b) any remuneration to which the person employed is entitled in respect of overtime work or holidays or any leave period. (c) any additional remuneration payable under the t he terms of employment (whether called a bonus or by any other name) (d) any sum which by reason of the termination of employment of the person employed is payable under any law, contract or instrument which provides for the payment of such sum whether with or without deductions but does not
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Definition of Wages: •
Wages does not include(1) any bonus (whether under a scheme sc heme of profit sharing or otherwise) which does not form part of the remuneration payable under the terms of employment or which is not payable under any award or settlement between the parties or order of a Court; (2) the value of any house-accommodation or of the supply of light, water, medical attendance or other amenity or of any service excluded from the computation of wages by a general or special s pecial order of the State Government (3) any contribution paid by the employer to any pension or Provident Fund and the interest that may have accrued thereon (4) any traveling allowance or the value of any traveling concession;
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IMPORTANT DEFINITIONS: • FACTORY: factory" means a factory as defined in clause (m) of section 2 of the Factories Act, 1948 (63 of 1948) and includes any place to which the provisions of that Act have been applied.
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IMPORTANT DEFINITIONS •
•
“Employee” means any person employed by or through any agency
( including a contractor) with or without the knowledge of the principal employer, for remuneration in any factory or establishment to do any work connected with its affairs, whose average wages do not exceed 6500 rupees per month or such amount as may be specified by the Central government from time to time, on the basis of rise in the consumer price index number, by notification in the Official Gazette; ”employed person" includes the legal representative of a deceased
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IMPORTANT FEATURES OF THE ACT • Fixation of Wage period: Sec. 4 - The ‘employer’ may fix the wage period for employees as either daily, or weekly or fortnightly or monthly. Provided that no
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IMPORTANT FEATURES OF THE ACT • Time of payment of wages – <1000 persons – before the expiry of the 7th
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DEDUCTIONS FROM WAGES:• Sec- 7: The wages of an employed person shall be paid to him without deductions of any kind except those authorised by or under this Act.
The list of authorised deductions:
– Fines (shall not exceed 3% of wages payable to him in that wage period) – Damage or loss to the property of employer Absence of duty
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DEDUCTIONS FROM WAGES:-
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DEDUCTION FOR ABSENCE FROM DUTY:
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IMPORTANT FEATURES OF THE ACT
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IMPORTANT FEATURES OF THE ACT
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IMPORTANT FEATURES OF THE ACT
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