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CALCULATION OF WAGES |
Wages are calculated as per following format as laid down under labour laws :
| S.No. | HEADING | PERCENTAGE |
|---|---|---|
| (a) | MINIMUM WAGES |
As per Government rates. |
| (b) | EPF |
13.61% of Minimum Wages |
| (c) | ESI |
4.75% of Minimum Wages |
| (d) | BONUS |
8.33% of Minimum Wages |
| (e) | UNIFORM |
Rs. 150 per
Month |
| (f) | LEAVE |
34 Days |
| (g) | WEEKLY OFF |
16% of Aggregate Of (a) to (f) |
| (h) | ADMINISTRATIVE CHARGES |
15 % of Aggregate of (a) to (g) |
| (i) | SERVICE TAX |
As applicable |
However, the rates are finally decided after negotiation during our meeting with the Client and
subject to revision of minimum wages by state Govts. concerned.
| INDUSTRIAL PERSONNEL & SECURITY SERVICES PVT. LTD. | ||
| Head Off. | : | K-4,Old Rangpuri Road, Mahipalpur Extension, New Delhi-110037. |
| Phone No. | : | 011-26782404, 46148888 |
| Fax | : | +91-11-26782402, 26782406 |
| : | info@ipsssecurity.com | |
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