The Labour Department of Uttarakhand has recently updated the rates for minimum wages and Dearness Allowance (DA) for the Engineering Industries. This adjustment, effective from August 1, 2024, to January 31, 2025, reflects the ongoing efforts to ensure fair compensation and address inflationary pressures impacting workers in the sector.
Revised Rates for Establishments Employing 50-500 Persons
For engineering establishments with a workforce ranging between 50 to 500 employees, the updated wage structure is as follows:
- Unskilled Employees:
- Monthly Basic Minimum Wages: Rs 2535
- Variable Dearness Allowance (DA): Rs 8545
Unskilled employees, who perform basic tasks requiring minimal specialized skills, will see a new monthly basic wage of Rs 2535. In addition, a Variable Dearness Allowance of Rs 8545 will be provided to help counterbalance the effects of rising living costs.
- Semi-skilled Employees:
- Monthly Basic Minimum Wages: Rs 2785
- Variable Dearness Allowance (DA): Rs 9388
Semi-skilled workers, whose jobs require a certain level of expertise or training, will now receive Rs 2785 as their monthly basic wage. The Variable DA for these employees will be Rs 9388, reflecting adjustments to address cost-of-living changes.
- Skilled Employees:
- Monthly Basic Minimum Wages: Rs 3090
- Variable Dearness Allowance (DA): Rs 10416
For skilled employees who perform tasks that require specific training or high-level technical skills, the revised monthly basic wage is set at Rs 3090. Their Variable DA will be Rs 10416, aimed at mitigating the impact of inflation on their purchasing power.
Revised Rates for Establishments Employing More Than 500 Persons
Larger establishments, employing over 500 individuals, will adhere to slightly higher rates to reflect the scale of operations and the increased economic demands. The updated wage structure is:
- Unskilled Employees:
- Monthly Basic Minimum Wages: Rs 2660
- Variable Dearness Allowance (DA): Rs 8967
Unskilled workers in larger firms will now earn a basic monthly wage of Rs 2660. The Variable DA for these employees is set at Rs 8967, designed to adjust for the cost of living increases.
- Semi-skilled Employees:
- Monthly Basic Minimum Wages: Rs 2925
- Variable Dearness Allowance (DA): Rs 9860
Semi-skilled employees in larger establishments will receive Rs 2925 as their monthly basic wage. Their Variable DA will be Rs 9860, reflecting the additional financial support required due to rising living expenses.
- Skilled Employees:
- Monthly Basic Minimum Wages: Rs 3190
- Variable Dearness Allowance (DA): Rs 10753
For skilled employees in these larger setups, the revised basic monthly wage is Rs 3190. The Variable DA has been increased to Rs 10753 to help offset the higher costs of living.
Implementation and Impact
These revised rates are effective from August 1, 2024, through January 31, 2025. The updates are a part of ongoing measures by the Uttarakhand Labour Department to ensure that wages keep pace with economic changes and provide adequate compensation to employees across different skill levels.
Employers are encouraged to review these changes and adjust their payroll systems accordingly to comply with the new regulations. This adjustment aims to improve the standard of living for employees and provide a fair wage structure aligned with current economic conditions.
