BUISENESS MANAGEMENT
EMPLOYMENT ISSUES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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guaranteed contract reserved for a targeted group
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lowest wage that can be paid by law
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dollar amount or prices that are not adjusted for inflation
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the least you can get paid for all work
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Detailed explanation-1: -The minimum monthly wages of employees who have not completed their Grade 10 schooling (non-matriculate) is increased from INR 18, 187 to INR 18, 499 and for matriculate employees from INR 20, 019 to INR 20, 357.
Detailed explanation-2: -The federal minimum wage for covered nonexempt employees is $7.25 per hour. Many states also have minimum wage laws. In cases where an employee is subject to both the state and federal minimum wage laws, the employee is entitled to the higher of the two minimum wages.
Detailed explanation-3: -An Act to provide for fixing minimum rates of wages in certain employments. WHEREAS it is expedient to provide for fixing minimum rates of wages in. certain employments; It is hereby enacted as follows.-Section.
Detailed explanation-4: -The Minimum Wages Act was passed in the year 1948. This law ensured that each worker was given a minimum wage. It minimised the exploitation of workers to an extent.
Detailed explanation-5: -There are three kinds of wages minimum wage, fair wage & living wage. At the bottom of the ladder there is the minimum basic wage which the employer of any industrial labour must pay in order to be allowed to continue in industry.