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On time salary makes employees productive and loyal to the company
Payment of Wages Act, 1936 & Payment of Wages Rules, 1937
The Essence
the genesis
This Act pre dates the Indian independence era. Labourers and workers were often not paid in a timely manner and employers were prone to making arbitrary deductions from wages at the time of payment.
This left workers, the oppressed classes, in a most precarious position. There was a need to protect them from such situations so that they had a regular means of sustenance. Hence, the Payment of Wages Act
The fear of salary deduction is greater than the fear of getting wet in the rain
Scope of the Act and rules
Objective
To avoid unnecessary delay in and inconsistent payment of wages and to prevent arbitrary unauthorized deductions from the wages of employees
coverage
- Fixing wage periods
- Time of payment of wages
- Permissible deductions and fines
- Extent to which deductions can be made
- Registers and records to be maintained
- Returns to be submitted periodically
- Penalties for offences under the Act
"The secret to happiness is to live within your income and pay your bills on time"
Margaret Thatcher
Three steps to success
We Help You Every Step Of The Way
Let’s face it! HR Policies need to be designed keeping the industry sector, business requirement and the needs of the workforce in mind. A one size fits all approach does not work when it comes to writing a number of policies.
On the other hand, labour laws require that companies adhere to various statutory compliances, but are difficult for the lay person to comprehend. Why stress over them. Leave the heavy lifting to us!
01
learning about all your business
Tell us which sector you are in, where you are located, how many employees by gender, if you engage contract labour etc
02
Send you relevant Labour compliances & HR Policies
Our system gets to work and creates a customised set of documents just for you. We deliver in 2 to 4 weeks
03
Keep you updated
on revisions to law
We constantly track changes in labour legislations, new policies in vogue and update you
