Minimum Wages in Maharashtra

Explore Maharashtra Wage Rates for 2024

The Maharashtra has recently revised the minimum wages for their workers. The department of Labour and Employment, Maharashtra has revised the rate of minimum wages is effective from July 1, 2023. From SME to big agencies, employers are required to pay variable dearness allowances(VDA) to the workers. The calss of employment is seggregated within nine sectors likewise, Unskilled, Semi-skilled, Skilled, Security Guard, Head guard, Security, Assistant Security officer, Security officers, choief security officer, etc.  besides, the wages is devided between zones and states as well. You can see the latest update of minimum wages in Maharashtra below.

Minimum Wages for Maharashtra in 2024

Class of Employment Zone Basic Per Month HRA Per Month VDA Per Month Total Per Day Total Per Month
Unskilled Zone I 10021 654.45 3068 503.42 13089
Unskilled Zone II 9425 624.65 3068 480.5 12493
Unskilled Zone III 8828 594.8 3068 457.54 11896
Semi-skilled Zone I 10856 696.2 3068 535.54 13924
Semi-skilled Zone II 10260 666.4 3068 512.62 13328
Semi-skilled Zone III 9664 636.6 3068 489.69 12732
Skilled Zone I 11632 735 3068 565.38 14700
Skilled Zone II 11036 705.2 3068 542.46 14104
Skilled Zone III 10440 675.4 3068 519.54 13508
Security Guard – Security Services Pune 13266 2450.1 3068 628.23 16334
Head Guard – Security Services Pune 13366 2465.1 3068 632.08 16434
Security Supervisor – Security Services Pune 13866 2540.1 3068 651.31 16934
Assistant Security Officer – Security Services Pune 14366 2615.1 3068 670.54 17434
Security Officer – Security Services Pune 14866 2690.1 3068 689.77 17934
Chief Security Officer – Security Services Pune 15266 2750.1 3068 705.15 18334
Security Guard/Lady Security Guard – Security Services Mumbai/Thane 13457 3305 3068 635.58 16525
Head Guard – Security Services Mumbai/Thane 13732 3360 3068 646.15 16800
Security Supervisor – Security Services Mumbai/Thane 14432 3500 3068 673.08 17500
Assistant Security Officer – Security Services Mumbai/Thane 14657 3545 3068 681.73 17725
Security Officer – Security Services Mumbai/Thane 15107 3635 3068 699.04 18175
Chief Security Officer – Security Services Mumbai/Thane 15557 3725 3068 716.35 18625

What does the new order of Maharashtra Minimum Wages include?

If you are an employers, and thinking of establishment a wage structure for the company workers, Lets go through the list and and tailor the compensation plans for the workers of all categories.

Component Formula Description
Basic+ DA Basic + Dearness Allowance is CTC *50% or Minimum Wages *12 The sum of Basic and Dearness allowance is 50% of cost to company or The sum of Basic and Dearness Allowance is 12 times of Minimum Wages
HRA HRA is the 50% of Basic Salary House rent Allowance is 50 % of Basic Salary
LTA Basic*5 % Gross Salary is 5% of Basic Salary
Gross Salary Gross Salary Sum of Basic + DA + HRA + LTA + SP Gross Salary is the sum of Basic, DA, HRA, LTA, SP
Speicial Allowances Gross Salary – Allowance Speicial Allowance is substraction of a Allowance from Gross Salary
Monthly Bonus 8.35% of Basic Monthly Bonus is 8.35% of Basic Salary
PF(Employee) 12% of Baisic Provident Fund (Employee) is 12% of Basic Salary
PF(Employer) 12% of Baisc Salary Provident Fund (Employer) is 12% of Basic Salary
ESI (Employee) 0.75% of Gross Salary Employees’ State Insurance (Employee) is 0.75% of Gross Salary
ESI (Employer) 3.25% of Gross Salary Employees’ State Insurance (Employer) is 3.25% of Gross Salary

In conclusion, as per the Indian Constitution, Minimum Wages ensure a sustainable lifestyle for workers. The Minimum wages in Maharashtra are distributed within Security Guard, Head Guard, Security Supervisor, Assistant Security Officer, Security Officer, Chief Security Officer, Security Guard/Lady Security Guard, Head Guard , Security Supervisor , Assistant Security Officer , Security Officer , Chief Security Officer. . The rate has been effective from 1 July, 2023. The aim of revising the Minimum Wages is to support the base level of employment and ensure viable continuous improvement from unskilled to skilled workers.  

 

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