Payment of Wage Act. 1936
Explain the purpose and application of the payment of Wages Act,1936. discuss the procedure of fine deduction from wages of employee in an organization you are familiar with.
Payment of Wage Act. 1936
The purpose of the Act :
The Payment of Wages Act, 1936 was enacted with a view “to regulate the payment of wages to certain classes of persons employed in industry”. The regulation contemperated by the Act is two-fold :
i. to ensure regular and prompt payment of wages
ii. to prevent exploitation of wage-earners by prohibiting arbitrary fines and deduction from wages.
Application of the Act
The payment of Wages Act, 1936 extends to the whole of India. It came into operation of 28th March, 1937. it applies in the first instance to the payment of wages to :