7th Pay Commission – Minimum wage and fitment formula for Central Government Employees will be Rs. 20000 and 2.86 respectively
Understanding Minimum Wage and Bonus – Minister of State for Labour and Employment discusses on the most important factors of Wage Policy for Labourers in India
NC-JCM urges Setting up of a high level committee to review the Minimum Wage Multiplication Factor
The Staff side had demand of minimum wage of Rs 26000/- & fitment formula of 3.71 against 7th CPC recommendation of Rs 18000/- & fitment formula of 2.57.
7th CPC has fixed the Minimum Pay at Rs.18000/- as per Indian Labor Conference recommendations considering 3 units of a family of 2 + 2. The amount was arrived by the prices sourced from Labor Bureau, Shimla. 7th CPC claims that this amount is more than twice than that of a private sector employee.
National Federation of Indian Railwaymen made representation to the Finance Minister about the resentment among Railway Employees on the recommendations of the 7th CPC. NFIR refers low fixation of Minimum Salary, illogical Fitment formula, Abolition of various allowances and reduction in House rent allowances ceiling for class X, Y and Z cities.
7th Pay Commission indicated the use of Dr.Aykroyd Formula and 15th ILO norms for estimating Minimum wages – Confederation worked out minimum wages as Rs.25,000/- on the basis of these methods
Press release on National Floor Level Minimum Wage Enhanced From Rs.137 To Rs.160 Per Day from 1st July 2015
Rates of existing Minimum Wages fixed for the Skilled, Semi –skilled and Un-skilled workers for the Central Sphere under the Minimum Wages Act, 1948 effective from 01.10.2014 In response to a recent Lok Sabha Unstarred Question asking for the details of minimum wages fixed for the skilled, semi-skilled and unskilled workers in the country, State/UT-wise, the […]