Salary and Wages
5 Salary and Wages
Apprentices (Amendment) Act, 2014 & Apprenticeship Rules, 2015 - An Abstract & Duties of Employer
(Volume – 38 of Coffee Break Compliance Guide from Anandan Subramaniam)In any industry or an establishment the employer can impart an Apprenticeship training under the Apprentices Act, 1961. Basically this Apprenticeship training contains both theoretical instructions and on-the-Job training in the organizational premises. With the amendment, the training (for theoretical instructions) can be outsourced to a third party. Earlier there was a fixed quota to engage such Apprentices.An Apprentice is a person who undergoes Apprenticeship training in designated trade in…
Posted by: ericmikio 08 May 2019 | 0 Comments
Applicability and process to obtain Standing Order under the Industrial Employment (Standing Order) Act, 1946
(Volume – 36 of Coffee Break Compliance Guide from Anandan Subramaniam) Is it applicable to your establishment? What is the objective of the Standing Order? There was no uniformity in the conditions of service of workers until this act was brought, which led to friction between workers and Management. An Industrial worker has the right to know the Terms & condition which he is expected to follow. Hence the legislation. The Industrial Employment (Standing Orders) Act, 1946, which, inter alia,…
Posted by: ericmikio 22 Apr 2019 | 0 Comments
Cost-to-Company (CTC) and Statutory Compliance
(Volume – 35 of Coffee Break Compliance Guide from Anandan Subramaniam) CTC – a term which has replaced wages/salary. Is it statutorily right?Wages or Salary is a periodic payment received by a person engaged to perform specific job in an organization.As per section 3 of Payment of Wages Act, 1936, every employer shall be responsible for the payment of all wages reported to be paid under this Act to persons employed by him and in case of persons employed in Factories,…
Posted by: ericmikio 08 Apr 2019 | 0 Comments
Advocating for Gender Equality in the Workplace
Men can advocate for gender equality in the workplace, but success depends on getting past traditional vagaries and moving toward specific programs designed not only to attract but also retain women. Gender equality in the workplace is essential to building a competitive organisation that recruits and retains the best talent. However, bringing about change is often easier said than done. According to Elizabeth Broderick, Sex Discrimination Commissioner for Australia, making significant progress on gender diversity in the workplace is unlikely…
Posted by: 23 Aug 2018 | 0 Comments
Closing the Gender Gap: 2 Steps to Get You Started
While social media and news coverage may make it seem as though the gender gap is a recent phenomenon, it really isn't. Australia passed “equal pay for equal work” laws in 1969. The late Chinese leader chairman Mao Zedong strongly advocated equal pay for both genders, almost half a century ago. The issue of the gender pay gap is far more complex than enforcing businesses to pay exactly the same wage for the exact same work. In Australia, it’s not…
Posted by: 16 Aug 2018 | 0 Comments