- Valid on july 2024
Industry
- National Minimum Wage
- Baking Trade
- Biscuit, Confectionary and Chocolate Manufacturing Trade in mechanized factories
- Biscuit, Confectionary and Chocolate Manufacturing Trade in non-mechanized factories
- Ceramic Products Manufacturing Trade
- Cinema Trade outside the municipal area
- Cinema Trade within the municipal area
- Coconut Growing Trade
- Garments Manufacturing Trade
- Hotel and Catering Trade
- Ice, Aerated Waters, Fruit Juice and Jam Manufacturing Trade
- Janitorial Service Trade
- Nursing Home Trade
- Printing Trade
- Retail and Wholesale Trade
- Rubber, Tyre, Tyre Re-Building, Plastic and Petroleum Resin Products Manufacturing Trade
- Rubber Export Trade
- Security Services Trade
- Tanning, Footwear and Leather Goods Manufacturing Trade
- Tea Export Trade
- Textile Manufacturing Trade
Working hours
- Overtime is paid at One and Half times the normal hourly rate of wage.
Holiday pay for work on weekends (Sundays) and public holidays is paid for at a higher rate 1 1/2 times the daily rate or double the rate of remuneration.
Definitions
Bonuses e.g. project, attendance, festival would vary from company to company.
Wages per month are calculated as 4.33 times if a weekly wage is defined. It is calculated as 4.33 times the standard hours per week if an hourly wage is given.
Source
According to legislation to be presented in Parliament shortly, the national minimum monthly wage for all workers in any industry or service will be Rs. 10,000, while the national minimum daily wage of a worker will be Rs. 400. Once the law is enacted, it will be mandatory for employers in all industry or service to pay the national minimum wage which should be the wage of a worker after deduction of all contributions of whatsoever nature. The law will come into operation with retrospective effect from January 1, 2016.