Annual Survey of Industries 1993-94

India, 1994 - 1995

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Reference ID

IND-CSO-ASI-1993-94-v1

Producer(s)

Central Statistics Office (Industrial Statistics Wing)

Collections

Annual Survey of Industries

Metadata

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Created on

Jan 08, 2018

Last modified

Mar 26, 2019

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Wages and salaries-workers (Bl8_i1_c3)

Data file: LABOUR COST-1 (BLOCK 8)

Overview

Valid: 53323

Invalid: 0

Minimum: 0

Maximum: 4325719683

Mean: 3367061.555

Standard deviation: 39908881.565

Type: Continuous

Decimal: 0

Start: 15

End: 24

Width: 10

Range: -

Format: Numeric

Questions and instructions

Literal question

Wages and salaries-workers

Description

Definition

WAGES AND SALARIES are defined to include all remuneration in monetary terms and also payable more or less regularly in each pay period to workers as compensation for work done during the accounting year. It includes (a) direct wages and salary (i.e., basic wages/salaries, payment of overtime, dearness, compensatory, house rent and other allowances) (b) remuneration for the period not worked (i.e., basic wages, salaries and allowances payable for leave period, paid holiday, lay- off payments and compensation for unemployment, if not paid from sources other than employers) (c) bonus and ex-gratia payment paid both at regular and less frequent intervals (i.e., incentive bonuses, productive bonuses, profit sharing bonuses, festival or year-end bonuses etc.) It excludes lay off payments which are made from trust or other special funds set up exclusively for this purpose i.e., payments not made by the employer. It also excludes imputed value of benefits in kind, employer's contribution to old age benefits and other social security charges, direct expenditure on maternity benefits creches and other group benefits Travelling and other expenditure incurred for business purposes and reimbursed by the employer are excluded. The wages are expressed in terms of gross value i.e., before deduction for fines, damages, taxes, provident fund, employee's state insurance contribution etc.

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