The Minimum Rate of Wages in Odisha Have Been Revised with Effect from 1st October 2022 For 89 Categories in Scheduled Employment.
Contents News/Article Date: 19th October 2022
Relating to which Act: The Minimum Wages Act, 1948;
Type: Labour Commissioner, Odisha, Notification No. 6078/LC/ Bhubaneshwar
Pertains to: Employers and employees in respect of unskilled. semiskilled and skilled categories in all schedules employment: –
Relevance of this news: Karma Management Global Consulting Solutions Pvt. Ltd is in the business of Payroll, Outsourcing, and Regulatory Compliances since its inception in 2004 since then, has brought in a lot of efficiencies and technological upgradations with experts on its role, to ease the hassles of Payroll Processing, Temp Staffing, On-boarding Management, Regulatory and Payroll compliances by providing customized solutions to all its elite clients.
Karma Global has a system to regularly track the announcement of minimum wages declared and also the consumer price index announced from time to time and in this respect, Karma makes it a regular point to inform all its stakeholders ranging from business owners to vendors partners, contractors, SME clients, associates on the minimum wages and consumer price index in an explanatory manner understood by all.
In this instance, the minimum rate of wages in Odisha for categories of employees in 89 scheduled employments have been revised on the basis of an increase in the average consumer price index number for industrial workers reaching 365.76 from 357.65 as of 30/6/2022 and thereby resulting in an increase of 8.11 points with effect from 1st October 2022
Subject: The Minimum Rate of Wages in Odisha Have Been Revised with Effect from 1st October 2022 For 89 Categories in Scheduled Employments.
For greater details, attached is the notification