Minimum wage components: allowance options and computation authority ensure cost-of-living adjustment in wage determination. Section 7 allows the appropriate Government to fix minimum wages as (i) a basic rate plus a cost of living allowance adjusted to reflect the relevant cost ... Summary
Minimum wage components: allowance options and computation authority ensure cost-of-living adjustment in wage determination.
Section 7 allows the appropriate Government to fix minimum wages as (i) a basic rate plus a cost of living allowance adjusted to reflect the relevant cost of living index, (ii) a basic rate with or without that allowance plus the cash value of authorised concessions for essential commodities, or (iii) an all-inclusive rate incorporating basic pay, cost of living allowance and concessions. The cost of living allowance and cash value of concessions must be computed by an authority appointed by the appropriate Government in accordance with notified intervals and directions.
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