Wednesday 6 June 2012

Minimum wages

A “minimum statutory wage” is that which the statute prescribes
and it may be higher than the bare subsistence wage providing for
some measure of education, medical requirements and amenities.
The SC has held that statutory wage under the Act aims to ensure
not only subsistence for the employee and his family but also
preserve his efficiency as a worker.10

Re-narration by hajjs in spam targeting Kerala, Finland for this web page

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