The Haryana government has revised the minimum wages, effective from January 1, 2024, onwards, through notification no. IR-2/2024/5377-522 dated 22/02/24. The move aims to enhance workers’ income and ensure fair compensation.
Key Highlights:
- Increased Minimum Wages: The new rates apply to various categories of workers, including unskilled, semi-skilled, skilled, and highly skilled workers, reflecting an increase from previous levels.
- Categorization of Workers: The revised rates are categorized based on skill level, recognizing different segments of the workforce.
- Implementation Date: Effective from January 1, 2024, employers must comply with the new rates.
- Compliance Requirements: Employers should update payroll systems and records to reflect the new rates accurately.
- Impact on Businesses: While benefiting workers, the revision may lead to increased costs for businesses, especially small and medium enterprises.
- Benefits for Workers: The revision is expected to improve workers’ standard of living and purchasing power.
- Government’s Commitment: The revision demonstrates the government’s commitment to workers’ welfare.