wages ii final

8/6/2019 Wages II Final

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Welcometo our

Presentation


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Prologue

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We are

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Abdullah Al-Mamun16151

Kenny Dave Rema16179

Zahirul Islam16251

MD. Nasimuzzaman16176

MD. Momen Al Islam16177

Rafsan Mahbub16178

Nurmohammad16126

Sazzad Hossain16128

Shafiqul Islam16181

Rehanur Zaman16185

Group F

Section: B

Dept. of

Accounting and

Information Systems

BBA 16th BatchUniversity of Dhaka


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Laws Relating Wages

According to

BangladeshLabour Act 20064


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Classification

The Living Wage

Enables the male earner to provide forhimself and his family not merely thebare essentials of food, clothing andshelter but measure of frugal comfort

including education for children,protection against ill-health andmisfortunes including old age.

The Fair Wage

Must be sufficiently high toprovide a standard family withfood, shelter, clothing, medicalcare and education of childrenappropriate to the workmanbut not at a rate exceeding hiswage earning capacity in theclass of establishment to whichhe belongs

The Minimum Wage

The lowest hourly rate ofcompensation that employersmay legally pay to workers. Itsa wage which would besufficient to cover the barephysical needs of worker andhis family.

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Henry Ford 7


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Wage or Not

Are Maternity Benefits wage?

Are Payments for Unavailed Work Wage?

Are Termination Benefits Wage?

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Payments for Unavailed WorkTermination Benefits

TerminationBenefits

MaternityBenefits

Paymentsfor

UnavailedWork

Wage


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Who is Responsible to

Payment of Wages

According to section 121 of Labour act, every employer

shall be responsible for the payment to persons employedby him of all wages required to be paid.

The responsibility of the payment of wages is transferred toothers In following-

In case of persons employed otherwise than by a contractor, the chiefexecutive of the establishment or the manager shall be responsible for suchpayment.

In case of person employed by a contractor, then the wages shall be paid byemployer and he will adjust the payment against the contractor. 9


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Salary And Wages

In general, Salaryis used for paymentof services of higherclass and Wage is

confined to theearning of laborers

and artisans.

The High Court ofMadras states, If the

remuneration that ispaid daily or weekly

can be calledWages; but wherethere is monthly

payment and isfairly high is to be

called Salary.

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Back Wages

According to Blacks law dictionary,

Money paid by an employer to a dismissed employee isBack Wages.

Such a payment is often made in exchange for a release of any

claims that the employee might have against the employer.

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Deduction from Wages

Section 125 ofThe Bangladesh Labour Act 2006 authorizes to

the employee for the deduction from the Wages only in

accordance with the provisions of this Act. Namely:

Fines

Section 25 of the Act allows the employer can deduct from the

wages of the employed persons.

Deduction for Unauthorized Absence from theDutyAccording to Section 126 of the Act, deduction may be made only on

account of the absence of an employed person from the place or

places where by the term of his employment he is required to work.12


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Deduction from Wages(contd.)

Deduction forDamageor Loss

Deduction may be made on account for damage or loss of goods

where these are expressly entrusted to the employed person for

custody, or for loss of money for which he is required to account,

where such damage or loss is directly attributable to his/her neglector default.

Section 127(1) lays the rules for such deduction.

Deduction for House-Accommodation

According to section 128 of the act, A deduction shall not be made

from the wages of an employed person unless the house

accommodation has been accepted by him.

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Deduction from Wages(contd.)

Deduction for Recoveryof Advances

Section 129(1) States,

Advances made before the employment shall be recovered from

the beginning of the first complete wage payment period.

No recovery shall be made of such advances given for traveling

expenses.

Deduction for Overpayment of wages

According to sec.129(2) of the Act deductions shall be subject tothe recovery of advances of wages not already earned shall be

subject to any rules made by the Government regulating the extent

to which such advances may be given and the installments by which

they may be recovered. 14


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Unpaid wages of a Dead

Worker

Wages in this cases shall bepaid to the nominee madein this behalf by the workeras per rules

In the absences of nomineethe Labour Court will beconsidered.

Accordingto section131(1) of

the Act

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Delay in Payment of Wages

Section 132 of the Act says that for delay in payment an employedperson can apply to the Labour Court.

Every such application shall be under the jurisdiction of the Labour

Court where the worker used to work or where the wages was paidand be presented within twelve months from the date on which the

payment of the wages was due to be made, as case may be.

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Appeal against Direction of

Labour Act

An Appeal against the directionmade may be preferred, within

thirty days of the date onwhich the direction was made,

before the tribunal.

Accordingto section132 of the

Act

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Penalty for Below Payment

Paying below theminimum rate of wageslevel is punishable withimprisonment of up to one yearor line up to Inks five thousand

or with both.

Accordingto section289 of the

Act

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Gratuity

A sum of moneygiven by the

employer to the

employee at theend of hisservice.

According to sec.

2(10) Gratuity

means paymentequivalent to 30days basic pay forevery complete

year. 19

wages ii final

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