WAGE BOARDBY NANDHINI.R

12MSW021

WHAT IS A WAGE BOARD

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.

GROWTH AND DEVELOPMENT OF WAGE BOARD

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.

COMPOSITION OF WAGE BOARD

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

FUNCTIONS OF WAGE BOARD

Recommending the minimum wage. Differential cost of living compensation. Regional wage differentials. Gratuity. Hours of work, etc.

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.

EVALUATION OF WAGE BOARDS

Majority boards are of the recommendations of wage unanimous.

They take more time to complete their task.

Implementing the decisions are difficult.

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