CALCULATION OF WORKMEN COMPENSATION

HR - PROFESSIONAL

Dear Friends,

How to calculate the 'Compensation' as per the workmen compensation act, if any employee got injury.? Is ther any formula ?

PBS KUMAR

 
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Dear PBS KUMAR Calculation of compensation prescribed under section 4 of WC Act. As per that section if any employee got any injury/disablement as prescribed in Schedule I of WC Act then assessment of comepensation would be as per belowmentioned formula:------ Example: Monthly wage ==Rs 3600 Disability ===== 30 percent Age of workman ==== 22 Calculation of compensation ======= 3600 x60/100x30/100x221.37 ==Rs 143447 While assessing the compensation in WC in injury cases we take 60 percent of the monthly wage of the workman and the figure 221.37 is relevant factors as per Schedule IV of WC Act which is different according to age.Example if the age is 20 then relevant factor would be 224.It increase as the age decline and decrease as the age of the workman increase. It is also pertinent to mention here that in death case we take 50 percent of the monthly wage of the workman but the monthly wage cannot exceed more than Rs 4000 in both the circumstances. PUNIT JAIN,Advocate CHANDIGARH
 
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n/a

Please tell me about collection of 'c' form through network
 
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n/a

Dear Friend,


How much amount lability under Workmen Compensation Act If workman work under below minimum wages in Delhi if Employee got Injujury and loss of complete five finger right hand and monthly wages Rs. 2800/=, Disability 60% and age of workman 17 Years. Please reply on my e-mail.


Thanks


(A.K. Roy)


Manager Personnel & HR 


 

 
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Dear Ajai


I had replied on your e-mail ID. Hope u might have received the same.


PUNIT JAIN

 
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n/a

is there any labour advocate with whom i can interact online / through mail / mobile.

 
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Gaurav Pandya fron Jamnagar (Gujarat).


You can contect me.


advocate_pandya@hotmail.com


 

 
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Hi


Pls let me know if your is professional consultancy services or voluntary initiative.


Saravana Rajan

 
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My name is Advocate Gaurav Pandya from Jamnagar (Gujarat).


My specially practise is of all LABOUR LAWS


My father is most senior advocate from practising 28 years..


my "professional consultancy services or voluntary initiative." would be normal (not very high). You can call me or you can send me zerox papers.


Advocate Pandya


 

 
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Thnx. Will get in touch with you if there be any need.


-Saravana Rajan

 
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