Minimum Wages in Jharkhand
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The minimum wages in Jharkhand have been formally revised by the State Government. This most recent update will ensure that workers in Jharkhand across all categories receive fair compensation. The minimum wage rate for unskilled workers will be Rs. 8,571.78 per month, while the minimum wage rate for highly skilled workers will be Rs. 13,675.59 per month.
In this article, we will take a detailed look at the Jharkhand minimum wages. We will also examine the detailed salary structure of each class of workers.
Understanding Minimum Wages for Jharkhand
Let us take a quick look at the minimum wages in for 2024 for each class of workers in Jharkhand.
| Sr No. | Class of Employment | Basic Per Month | VDA Per Month | Total Minimum Wages Per Month |
|---|---|---|---|---|
| 1 | Unskilled | ₹8,571.78 | ₹2420.67 | ₹10,992.45 |
| 2 | Semi Skilled | ₹8,977.47 | ₹2,535.24 | ₹11,512.71 |
| 3 | Skilled | ₹11,935.06 | ₹3,370.46 | ₹15,305.52 |
| 4 | Highly Skilled | ₹13,675.59 | ₹3,861.99 | ₹17,537.58 |
One can calculate the salary based on the above Jharkhand minimum wages depending upon the employee category.
Salary Structure Considering Minimum Wage in Jharkhand for Unskilled Employees
| CTC | ₹6,00,000 |
| Minimum Wages | ₹10,992.45 |
| Basic Salary Structure | |||
|---|---|---|---|
| Sr No. | Components | Formula | |
| 1 | Allowance | Basic + DA | ₹25,000 |
| HRA | ₹12,500 | ||
| LTA | ₹1,250 | ||
| SP | ₹11,250 | ||
| Gross Salary | ₹50,000 | ||
| 2 | Ad-hoc Allowance | Monthly Bonus | ₹4,150 |
| 3 | Contribution | Employee PF | ₹1,800 |
| Employee ESI | ₹0 | ||
| LWF Employee | ₹3 | ||
| 4 | Deduction | Employee PF | ₹1,800 |
| Employee ESI | ₹0 | ||
| LWF Employee | ₹15 | ||
| PF Admin Charge | ₹150 | ||
| PT | ₹150 | ||
| Salary in Hand | ₹46,082 | ||
| Copy this BASIC + DA value to perform the Salary Structure Calculation | |||
| Calculated Basic + DA | ₹25,000 | ||
Salary Structure Considering Minimum Wage in Jharkhand for Semi Skilled Employees
| CTC | ₹6,00,000 |
| Minimum Wages | ₹11,512.71 |
| Basic Salary Structure | |||
|---|---|---|---|
| Sr No. | Components | Formula | |
| 1 | Allowance | Basic + DA | ₹25,000 |
| HRA | ₹12,500 | ||
| LTA | ₹1,250 | ||
| SP | ₹11,250 | ||
| Gross Salary | ₹50,000 | ||
| 2 | Ad-hoc Allowance | Monthly Bonus | ₹4,150 |
| 3 | Contribution | Employee PF | ₹1,800 |
| Employee ESI | ₹0 | ||
| LWF Employee | ₹3 | ||
| 4 | Deduction | Employee PF | ₹1,800 |
| Employee ESI | ₹0 | ||
| LWF Employee | ₹15 | ||
| PF Admin Charge | ₹150 | ||
| PT | ₹150 | ||
| Salary in Hand | ₹46,082 | ||
| Copy this BASIC + DA value to perform the Salary Structure Calculation | |||
| Calculated Basic + DA | ₹25,000 | ||
Salary Structure Considering Minimum Wage in Jharkhand for Skilled Employees
| CTC | ₹6,00,000 |
| Minimum Wages | ₹15,305.52 |
| Basic Salary Structure | |||
|---|---|---|---|
| Sr No. | Components | Formula | |
| 1 | Allowance | Basic + DA | ₹25,000 |
| HRA | ₹12,500 | ||
| LTA | ₹1,250 | ||
| SP | ₹11,250 | ||
| Gross Salary | ₹50,000 | ||
| 2 | Ad-hoc Allowance | Monthly Bonus | ₹4,150 |
| 3 | Contribution | Employee PF | ₹1,800 |
| Employee ESI | ₹0 | ||
| LWF Employee | ₹3 | ||
| 4 | Deduction | Employee PF | ₹1,800 |
| Employee ESI | ₹0 | ||
| LWF Employee | ₹15 | ||
| PF Admin Charge | ₹150 | ||
| PT | ₹150 | ||
| Salary in Hand | ₹46,082 | ||
| Copy this BASIC + DA value to perform the Salary Structure Calculation | |||
| Calculated Basic + DA | ₹25,000 | ||
Salary Structure Considering Minimum Wage in Jharkhand for Highly Skilled Employees
| CTC | ₹6,00,000 |
| Minimum Wages | ₹17,537.58 |
| Basic Salary Structure | |||
|---|---|---|---|
| Sr No. | Components | Formula | |
| 1 | Allowance | Basic + DA | ₹25,000 |
| HRA | ₹12,500 | ||
| LTA | ₹1,250 | ||
| SP | ₹11,250 | ||
| Gross Salary | ₹50,000 | ||
| 2 | Ad-hoc Allowance | Monthly Bonus | ₹4,150 |
| 3 | Contribution | Employee PF | ₹1,800 |
| Employee ESI | ₹0 | ||
| LWF Employee | ₹3 | ||
| 4 | Deduction | Employee PF | ₹1,800 |
| Employee ESI | ₹0 | ||
| LWF Employee | ₹15 | ||
| PF Admin Charge | ₹150 | ||
| PT | ₹150 | ||
| Salary in Hand | ₹46,082 | ||
| Copy this BASIC + DA value to perform the Salary Structure Calculation | |||
| Calculated Basic + DA | ₹25,000 | ||
Source: https://labourlawreporter.com/
Conclusion
To ensure equitable compensation for workers in Jharkhand, the state has revised its minimum wage policy. Employers must grasp and precisely apply these government-mandated wage rates while computing employee salaries, promoting fair treatment in the workplace. Using the minimum wages in Jharkhand to calculate salaries will help employers comply with the Minimum Wages Act and avoid penalties.
Download Minimum Wages in Jharkhand
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