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