Page 2 - Basic Wage News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The end-of-service payment of an employee is subject to the provisions of federal employment law

Labour Codes- 2020-Some Reflections Prof. (Dr.) D. Mukhopadhyay According to the classical economists, labour, in terms of importance of factors of production, comes next to capital. It is perhaps impossible to carry out any production of goods and generation of service without scientific intervention of labour in any economy. Even in highly automated production and distribution system, at least one human being is required to switch on and switch off the automotive machine. Possibly, its functional importance made Labour comes under the ambit of the Concurrent List of the Indian Constitution ...

Feb 01, 2021 (LBO) – On the request of Labour Minister, Nimal Siripala de Silva, Regional Plantation Companies (RPCs) submitted a revised wage proposal to remunerate workers up to 1108 repees a day.  The revised proposal was a result of a settlement, negotiated with the assent of the Minister. However, trade unions are still to agree. This resolution will ensure that workers will earn in excess of the Rs. 1,000 demand, and will finally be rewarded for increased productivity. The Rs. 1108 daily wage is achieved in the following manner: Basic Wage – Rs. 725, Price Share Supplement – Rs....

Rs. 1,000 minimum daily wage demand During a meeting last Friday between Minster of Labour Nimal Siripala de Silva and Chairmen of all Sri Lankan Regional Plantation Companies (RPCs), a final proposal was submitted towards ensuring a ‘sustainable’ earnings model for tea estate workers, making it the trade unions’ responsibility to take the next action on the long-standing pain point of the industry. This proposal takes into consideration the sustainability of both the industry and livelihoods of plantation workers, RPCs said. “After a very productive meeting with the minister, RPCs ha...

Posted on In a meeting today between the Minster of Labour Hon. Nimal Siripala de Silva and the Chairmen of all Sri Lankan Regional Plantation Companies (RPCs), a final proposal has been submitted towards ensuring a sustainable earnings model for the sector. This proposal takes into consideration the sustainability of both the industry and livelihoods of plantation workers. “After a very productive meeting with the Honourable Minister, RPCs have arrived at a final consensus on what we can sustainably offer, while providing the highest possible earnings potential for our workers. Our final...