2. Wage board is a triplicate body, having
representation of employers and labour
besides, independent members. The
representatives of the former two interests are
nominated by their central organizations;
others are nominated by the government. It is
an important machinery of state regulation of
wages.
3. Industrial dispute act was enacted under which
wage regarding disputes could be settled through
adjudication.
The parties were not satisfied with that, thus the
idea of setting up a triplicate wage board was
mooted and endorsed in first plan.
The second plan determine wages through
industrial wage boards.
It consists of equal representative of employers and
workers and an independent chairman for a
acceptable decision.
First wage board was set up in cotton textiles and
sugar industries.
4. It is a tripartite representing the interests of
labour, management and the public.
Labour and management representatives are
maintained in equal numbers by the
government.
These board are chaired by government
nominated members representing the public
5. Recommending the minimum wage.
Differential cost of living compensation.
Regional wage differentials.
Gratuity.
Hours of work, etc.
6. They have to
Determine the category of workers to be brought under
wage fixation.
Work out the wage structure based on principles of fair
wages.
Workout the principles of bonus.
7. Majority boards are of the recommendations of
wage unanimous.
They take more time to complete their task.
Implementing the decisions are difficult.
