Labour Law

Presented By –Ankita Asolkar Supriya Dhuri

Visit On : 19th Sep 2016Mr. Sagwekar Sir

What’s Labour Law ???

It address the relationship between & among “Employers, Employees & Labour Organizations”,1. The Factories Act -19482. The Payment of Wages Act -1936 3. The Workmen‘s Compensation Act -19234. The Minimum Act- 19485. The Employees State Insurance Act - 1948 6. The Industrial Disputes Act – 19477. The Bonus Act -19658. The Payment of Gratuity Act - 19729. The Employees PF & MP Act - 1952

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MAX SPARE LTD

HistoryQuality & serviceCustomersLocation - Plot No. A/412, Road No.28, Wagle Estate, Thane West, Thane, Maharashtra 400604

The Factories Act -1948

Objective:-

Safety Medical Welfare Working Hours Of Workers Extra Wages For Overtime Minimum Leaves Inspectors

Payment of Wages Act – 1936

Objective of the Act:- It regulates payment of wages to employees (direct &

indirect). Salary is paid before 10th of every month Offer letter Basic Salary StipendLunch Coupon HRARecovery of Loan Medical AllowanceEducation Allowance

Special Allowance

Leave Travel Allowance

Gratuity

PF Contribution ESIC ContributionProfession Tax Conveyance Allowance

Employee Compensation Act -1923

Objective : This is an Act to provide for the

payment by certain classes of Employers to their workmen (Employee) of compensation for injury by accident during the course of Employment.

All employee’s who are on the job and not covered under ESIC act they get compensate

Minimum Wages Act,1948

Industry Category Basic Special allowance

Total Wages

EngineeringSkilled 7800 2576 10376

Semi-Skilled 7100 2576 9676Unskilled 6600 6600 9176

FactoriesSkilled 5500 3339 8839

Semi-Skilled 5000 3339 8339Unskilled 4500 3339 7839

Minimum Wages Revised w.e.f. 01-07-2016 till 31-12-2016

Employees State Insurance Act - 1948

Objective : Govt. introduced a scheme of Social

Insurance for industrial workersTo provide for certain benefits to

employees in case of sickness, maternity and “employment injury”

To provide full medical care to insured persons & their families.

Login- http://esic.nic.in/

Contribution-ESIC1. Employees’ Contribution – 1.75% of the Wages 2. Employers’ Contribution – 4.75% of the Wages3. Total Contribution - 6.50 % * Gross Salary Contribution towards the scheme on a monthly basis. Under ESI Scheme, the comprehensive and need based

package of Social Security Benefits in Cash and kind include the following:

1. Medical Benefit 2. Sickness Benefit 3. Maternity Benefit 4. Disablement Benefit 5. Dependent Benefit

The Industrial Disputes Act - 1947

Objective : To make provision for the

investigation & settlement of “industrial disputes” between employer & employee

If misconduct happen -Warning -Enquiry If extreme level misconduct

happen -Termination

Mr. Jagdish (production Manager)

Payment of Bonus Act -1965

Objective : Company and employees can agree to pay bonus

linked to production and productivity.minimum (8.33%) and maximum (20%)

Payment of Gratuity Act - 1972

Objective :-

Social security measureReward for long, meritorious service

At least 5 years

Rate of gratuity =15/26 * Last drawn salary * No. of year serve

15 = Half month Salary 26 = No. of days working

Employees PF & MP Act, 1952

Objective :- It is a social security to industrial workers.It applicable to those who comes under the

definition of employee & worker.

Contribution EPF EPS Total

Employer 3.67% 8.33% 12%

Employee 12% 0 12%

Total 24%

Reference

• Factory visit• http://www.maxspare.com/•Book –Employer’s LABOUR LAWS – S.R. Samant

Thank you