HR Glossary

What is Minimum Wages Act?

India's 1948 legislation that mandates minimum pay rates for scheduled employments, with rates set and revised by both central and state governments based on region, skill level, and industry.

Why it matters in hiring

Minimum Wages Act comes up whenever teams compare candidates, set policy or report on people data. Getting the definition right keeps decisions consistent, which is the same reason springhire scores every applicant against the same criteria rather than on impression.

Related terms starting with M

Part of the springhire HR glossary, 1,150+ HR, payroll and recruiting terms defined. Free, no signup.

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