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Navigating Revised Minimum Wages: Maharashtra Compliance Guide (Jan 1, 2024  – June 30, 2024)

Introduction: In SEEPZ (Special Economic Zone, Mumbai), maintaining fair compensation practices is imperative to uphold the rights and well-being of workers. The setting of minimum wages plays a crucial role in ensuring that employees receive adequate remuneration for their labor. This article explores the minimum wage structure specifically for the electronics sector within SEEPZ and emphasizes the importance of compliance with these regulations.

Understanding Minimum Wages in SEEPZ (Electronics): In the electronics sector of SEEPZ, minimum wages are determined based on the category of employment, including skilled, semi-skilled, and unskilled workers. The minimum wage structure comprises basic wages, special allowances, house rent allowance (HRA), and the total minimum wages payable to employees.

Minimum Wage Rates: Below is a detailed tabular representation of minimum wage rates for different sectors and categories of workers within SEEPZ:

Sector

Category

Basic Wage (Rs.)

Special Allowance (Rs.)

Total (Rs.)

HRA (5%) (Rs.)

Minimum Wages (Rs.)

Gem & Jewellery Units

Skilled

12605

2575

15180

759

15939

(Residuary Employment)

Semi-Skilled

11445

2575

14020

701

14721

Unskilled

10350

2575

12925

646

13571

Bombay Shops and Establishment

Skilled

11632

3068

14700

735

15435

Semi-Skilled

10856

3068

13924

696

14620

Unskilled

10021

3068

13089

654

13743

SEEPZ (Electronics)

Skilled

6300

6366

12666

633

13299

Semi-Skilled

5800

6366

12166

608

12774

Unskilled

5300

6366

11666

583

12249

Explanation:

  • The table provides a breakdown of basic wage, special allowance, total wage, house rent allowance (HRA), and minimum wages for skilled, semi-skilled, and unskilled workers in Gem & Jewellery Units, Bombay Shops and Establishments, and SEEPZ (Electronics) sector.
  • Minimum wages are calculated by adding the total wage and HRA.
  • Special allowance is revised twice a year, in January and July, by the Labour Department of the Government of Maharashtra.

Compliance and Verification:

  • Employers are mandated to ensure that all employees receive at least the minimum wages specified for their category.
  • The Zone Administration conducts regular checks on records and registers to verify compliance, including obtaining photocopies of payment registers for inspection.

Conclusion: Understanding minimum wage regulations is crucial for both employers and employees within SEEPZ, Mumbai. Compliance with these regulations ensures fair compensation and fosters a conducive work environment. By adhering to minimum wage standards, SEEPZ continues to uphold labor rights and promote equitable employment practices.

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