Is there any minimum wage for the employee of software industry?
30-Aug-2023 (In Labour & Service Law)
I want to know more about minimum wage for Software industry and the ESI ,PF payments.Currently my Company is Providing below 10,000 for 1 year experienced people and are planning to cut down wage for esi and pf and demanding 3 year bond without increment for next 1 year.
Minimum wages as could be ascertained from the local labour office or could could be accessed online. Deduction towards ESI and PF do not amount cutting down of salary. As to the bond, it cannot be enforced unilaterally, that too limited to any extra-expenditure incurred by the company in imparting specialised training.
Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
Connect with top Labour & Service lawyers for your specific legal issue
No Comments! Be the first one to comment.
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."