Minimum Wage vs Floor Wage | Fixation Procedure + Sec 6-9 | Code on Wages 2019

Minimum Wage vs Floor Wage: Full procedure + difference explained for KSLU Labour Law exams. This video covers - Fixation of Minimum Wages + Floor Wage concept under Code on Wages 2019, Sec 3-9. *Timestamps:* 0:00 Introduction — Code on Wages 2019 replaces 4 Acts 0:40 PART I: Meaning of Minimum Wage — Basic subsistence + dignity 1:15 Procedure for Fixation [Sec 6-8] Appropriate Govt: Centre + State power Classification: Industry, skill, geography Committee Method vs Notification Method Factors: Cost of living, nature of work, standard of living Revision: Every 5 years 4:30 PART II: Floor Wage Concept [Sec 9] Meaning: Minimum baseline by Central Govt Features: Varies by region, national benchmark Importance: State wages cannot be below floor wage 6:10 Difference: Minimum Wage vs Floor Wage [Table] Authority: State/Centre vs Central Govt only Nature: Actual wage vs baseline standard Purpose: Worker protection vs National uniformity 7:45 Case Laws Unichoyi v. State of Kerala — Not dependent on employer capacity Workmen v. Reptakos Brett & Co. — Fair wage components 8:45 Conclusion — Economic justice + uniform labour standards *Key Takeaways for KSLU 16-Mark Answer:* 1. Code on Wages 2019 merges: Payment of Wages Act, Minimum Wages Act, Equal Remuneration Act, Payment of Bonus Act 2. Minimum Wage: Fixed by Centre/State via Committee or Notification Method — Sec 6-8 3. Floor Wage: New concept under Sec 9 — Central Govt baseline, States bound by it 4. Revision mandatory within 5 years — Sec 8(4) 5. Case law: Minimum wage payable even if employer faces loss — Unichoyi case *Previous Videos in Labour Law Series:* 1. History of Industrial Relations Law 2. Definition of Industry — Triple Test 3. Industrial vs Individual Dispute 4. Constitutional Basis + 4 Labour Codes 5. Authorities for Settlement — Sec 3-46 6. Strike vs Lock-out — Sec 62-64 7. Lay-off vs Retrenchment vs Closure — Sec 77-82 8. Unfair Labour Practices — Sec 84 + Schedule II 9. Natural Justice in Domestic Enquiry 10. Trade Union Act 1926 — Registration 11. Rights & Immunities of Trade Unions 12. Recognition of Trade Unions — Sec 14 IR Code 13. Standing Orders — Certification Process 14. Model Standing Orders 15. *Minimum Wage & Floor Wage* ← You are here *Next:* Workman Definition Sec 2(s) | Contract Labour under OSH Code #KSLULaw #KSLUExam2026 #LabourLaw #CodeOnWages2019 #MinimumWage #FloorWage #WagesCode #MinimumWagesAct #LabourLawIndia #Sec6to9 #CommitteeMethod #NotificationMethod #UnichoyiCase #ReptakosCase #LLBExam #BBALLBLaw #KarnatakaStateLawUniversity #LabourLawNotes #EconomicJustice #WorkerRights #EqualRemuneration Subscribe for KSLU Law exam notes + case law explanations.