All About Minimum Wages Notifications (Central & States)

facebook
twitter
linked in
whataspp
link
By Bhuvana Anand
2 minute read ● August 12, 2020
Minimum Wages Notifications

As per the Minimum Wages of the employees/workers Code, employers shall not pay the ‘Wages’ less than the ‘Minimum Wages’ notified by the Central or State Governments.

The Minimum Wages of the employees/workers are governed by the Code on Wages, 2019 (“Code”).

This Code replaces four labour laws, viz.,

(i) the Payment of Wages Act, 1936

(ii) the Minimum Wages Act, 1948

(iii) the Payment of Bonus Act, 1965

(iv) the Equal Remuneration Act, 1976

The Central or State Governments consider the skill of the workers and the nature of the work in terms of its difficulties and on the basis of time rate or piece rate. This Minimum Wages must be higher than the ‘Floor Wages’ determined by the Central or State Government which is generally calculated considering the living standards of employees/workers, advice of the Central Advisory Board and if required consult with the respective State Governments.

About the Minimum Wages Notifications Code

![All About Minimum Wages Notifications (Central & States)](https://f.hubspotusercontent30.net/hubfs/2253331/EDM%20Banners/EDU%20TALK(1).png

The term ‘Wages’ include salary, allowance, or any other component that are expressed in monetary terms but does not include bonus or any travelling allowance payable to the employees. The Minimum Wages Notifications Code prohibits prohibits gender discrimination in matters related to wages and recruitment of employees for the same work or work of similar nature. Work of similar nature is defined as work for which the skill, effort, experience, and responsibility required are the same.

The Minimum Wages Notifications Code specifies penalties for offence committed by an employer, such as paying less than the due wages, or for contravening any provision of the Code. Penalties vary depending on the nature of offence, with the maximum penalty being imprisonment for three months along with a fine of up to one lakh rupees.

greytHR provides its customer and audience a consolidated list of latest Minimum Wages Notifications published by the States for quick reference.

Related Posts

Info Tile Image
19/11/2020 | Bhuvana Anand

Central & State Notifications - COVID 19 (Sep-Oct 2020)

Here are the links for those notifications published by the Central and State governments in the month of September and October 2020. Read on greytHR blog.
Statutory Compliances
greytalk

Subscribe to our newsletter

Stay on top of latest updates from greytHR on HR trends, statutory compliances updates and more.
  • HR & Payroll Administration
  • What is HRMS?
  • What is Payroll?
  • What is Statutory Compliance?
  • Guide to Leave Management
  • Guide to Attendance Management
  • Holiday Lists 2023
  • Holiday Lists 2024
  • Product
  • HR Software
  • Payroll Software
  • Leave Management System
  • Attendance Management System
  • Performance Management System
  • Employee Self Service
  • greytHR Service Status
greytHR-logo
GDPR Compliant certification badge
Soc2 certification badge
ISO Certification Badge
© 2024 Greytip Software Pvt. Ltd.
Privacy PolicyTerms of Use
India