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INSTITUTIONAL FRAMEWORK
- ABHISHEK SHAW
- BIRBAL KR. MAHATO
• INTORDUCTION to Institutional Framework
• Types of Frameworks :
1. Unilateral Framework.
2. Bipartite Framework.
3. Third Party Framework.
• 92% Of the Indian workforce is unorganized.
• Wages are only fixed by the employer.
• Trade unions have limited roles to play.
•Generally wage levels are low.
• COLLECTIVE BARGAINING.
• Wage board -: the main duty is the fixation of the wages of the
employees. And gives recommendation to the planning commission.
• Constitution of the wage board-:
- tripartite in nature.
- 2 members from employees and employer side both.
- 1 member from consumer’s side and 1 economist.
- app. Govt. appoints the chairman with the
consultation of the chief justice.
• function of the wage board-:
Is to determine the wage payable to the employee in the concerned
industry or sector.
• Procedure of the wage board
• Pay Commissions:
•these were set up to deal with the non-governmental organizations.
-Central govt. sets up a Joint Consultative Machinery to discuss
matters of labor welfares.
-
-compulsory arbitration on:
1. pay and allowances.
2. weekly hours of works.
3. leave of a class or grade of employees.
•the first central [pay commission recognized that the influence of the
law of demand and supply cannot be wholly ignored in the fixation of
the salaries of public servants.
• The 2nd Central pay commission- included social tests.
• The 3rd Central pay commission-
1. inclusiveness
2. comprehensibility
3. adequacy
•
•The 4th Central pay commission- model employer principle
was reconsidered.
• The 5th Central pay commission- to encourage
employement in the government sector.
• The 6th central pay commission- exhorted the need of linking
pay with performance.
• Arbitration – wasn’t successful in India.
• Adjudication – through courts.
Compensation

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Compensation

  • 1. INSTITUTIONAL FRAMEWORK - ABHISHEK SHAW - BIRBAL KR. MAHATO
  • 2. • INTORDUCTION to Institutional Framework • Types of Frameworks : 1. Unilateral Framework. 2. Bipartite Framework. 3. Third Party Framework.
  • 3. • 92% Of the Indian workforce is unorganized. • Wages are only fixed by the employer. • Trade unions have limited roles to play. •Generally wage levels are low.
  • 4. • COLLECTIVE BARGAINING. • Wage board -: the main duty is the fixation of the wages of the employees. And gives recommendation to the planning commission. • Constitution of the wage board-: - tripartite in nature. - 2 members from employees and employer side both. - 1 member from consumer’s side and 1 economist. - app. Govt. appoints the chairman with the consultation of the chief justice. • function of the wage board-: Is to determine the wage payable to the employee in the concerned industry or sector. • Procedure of the wage board
  • 5. • Pay Commissions: •these were set up to deal with the non-governmental organizations. -Central govt. sets up a Joint Consultative Machinery to discuss matters of labor welfares. - -compulsory arbitration on: 1. pay and allowances. 2. weekly hours of works. 3. leave of a class or grade of employees. •the first central [pay commission recognized that the influence of the law of demand and supply cannot be wholly ignored in the fixation of the salaries of public servants.
  • 6. • The 2nd Central pay commission- included social tests. • The 3rd Central pay commission- 1. inclusiveness 2. comprehensibility 3. adequacy • •The 4th Central pay commission- model employer principle was reconsidered. • The 5th Central pay commission- to encourage employement in the government sector.
  • 7. • The 6th central pay commission- exhorted the need of linking pay with performance. • Arbitration – wasn’t successful in India. • Adjudication – through courts.