Wage Stabilization Board was created in 1945.
today.
basic of coal India limited as per rule current basic X1.88 % 4 = ? is your final basic of wage board ix in coal India limited
If it is for a parol board, the hell yes it will. but for a simple min. wage job, then no.
minimum wage is Rs. 8360.00 per month which depends on physical attendance of General Mazdoor(Lowest category in CIL) or we can say Rs. 321.20 per day.
It's recently been raised to $6.55. The county's Unified Board of Commissioners unanimously approved an ordinance that boosted the minimum wage in Kansas City, Kansas, to $6.55 an hour.
Room and board can significantly affect the minimum wage for live-in help by providing a non-cash benefit that employers can factor into compensation. In many jurisdictions, the value of room and board may be deducted from the minimum wage, allowing employers to pay a lower cash wage while still meeting legal requirements. However, the specific regulations can vary by location, and it is essential for both employers and employees to understand local labor laws regarding the valuation of such benefits. Ultimately, this arrangement can make live-in positions more financially viable for employers while offering workers a form of compensation that includes housing and meals.
Wage fixation involves determining the appropriate level of pay for employees based on factors like job responsibilities, market rates, and employee performance. The process can be carried out through negotiations between employers and employees, collective bargaining agreements, government regulations, or through an independent wage-fixing machinery such as a wage board. This machinery typically includes expert panels or committees that assess various factors to set fair and competitive wage rates.
If you have a legitimate claim the local wage and hour board would be the place to go. The unemployment office can give you a phone number or directions.
Minimum wage is a starting wage
Wage expense
The real wage is the amount of money paid when adjusted for inflation. This wage will rise if the nominal wage rises.