MMS

1. Labour Law
Presented By –
Ankita Asolkar
Supriya Dhuri
Visit On : 19th Sep 2016
Mr. Sagwekar Sir

2. What’s Labour Law ???
It address the relationship between & among “Employers, Employees & Labour
Organizations”,
1. The Factories Act -1948
2. The Payment of Wages Act -1936
3. The Workmen‘s Compensation Act -1923
4. The Minimum Act- 1948
5. The Employees State Insurance Act - 1948
6. The Industrial Disputes Act – 1947
7. The Bonus Act -1965
8. The Payment of Gratuity Act - 1972
9. The Employees PF & MP Act - 1952

3. MAX SPARE LTD
History
Quality & service
Customers
Location - Plot No. A/412, Road
No.28, Wagle Estate, Thane West,
Thane, Maharashtra 400604

4. The Factories Act -1948
 Objective:-
 Safety
 Medical
 Welfare
 Working Hours Of Workers
 Extra Wages For Overtime
 Minimum Leaves
 Inspectors

5. Payment of Wages Act – 1936
 Objective of the Act:-
 It regulates payment of wages to employees (direct & indirect).
 Salary is paid before 10th of every month
 Offer letter
Basic Salary Stipend
Lunch Coupon HRA
Recovery of Loan Medical Allowance
Education Allowance Special Allowance
Leave Travel Allowance Gratuity
PF Contribution ESIC Contribution
Profession Tax Conveyance Allowance

6. Employee Compensation Act -1923
 Objective :
 This is an Act to provide for the
payment by certain classes of
Employers to their workmen (Employee)
of compensation for injury by accident
during the course of Employment.
 All employee’s who are on the job and
not covered under ESIC act they get
compensate

7. Minimum Wages Act,1948
Industry Category Basic Special
allowance
Total Wages
Engineering
Skilled 7800 2576 10376
Semi-Skilled 7100 2576 9676
Unskilled 6600 6600 9176
Factories
Skilled 5500 3339 8839
Semi-Skilled 5000 3339 8339
Unskilled 4500 3339 7839
Minimum Wages Revised w.e.f. 01-07-2016 till 31-12-2016

8. Employees State Insurance Act - 1948
 Objective :
 Govt. introduced a scheme of Social
Insurance for industrial workers
 To provide for certain benefits to employees
in case of sickness, maternity and
“employment injury”
 To provide full medical care to insured
persons & their families.
 Login- http://esic.nic.in/

9. Contribution-ESIC
1. Employees’ Contribution – 1.75% of the Wages
2. Employers’ Contribution – 4.75% of the Wages
3. Total Contribution - 6.50 % * Gross Salary
 Contribution towards the scheme on a monthly basis.
 Under ESI Scheme, the comprehensive and need based package of Social
Security Benefits in Cash and kind include the following:
1. Medical Benefit
2. Sickness Benefit
3. Maternity Benefit
4. Disablement Benefit
5. Dependent Benefit

10. The Industrial Disputes Act - 1947
 Objective :
 To make provision for the
investigation & settlement of
“industrial disputes” between
employer & employee
 If misconduct happen
-Warning
-Enquiry
 If extreme level misconduct
happen
-Termination
Mr. Jagdish (production Manager)

11. Payment of Bonus Act -1965
 Objective :
 Company and employees can agree to pay bonus linked to
production and productivity.
 minimum (8.33%) and
 maximum (20%)

12. Payment of Gratuity Act - 1972
 Objective :-
 Social security measure
 Reward for long, meritorious service
 At least 5 years
 Rate of gratuity =15/26 * Last drawn salary * No. of year
serve
 15 = Half month Salary
 26 = No. of days working

13. Employees PF & MP Act, 1952
 Objective :-
 It is a social security to industrial workers.
 It applicable to those who comes under the definition of
employee & worker.
Contribution EPF EPS Total
Employer 3.67% 8.33% 12%
Employee 12% 0 12%
Total 24%

14. Reference
• Factory visit
• http://www.maxspare.com/
•Book –Employer’s LABOUR LAWS – S.R. Samant