Summary:
- New Minimum Wage: The government of Nepal has increased the minimum monthly wage from Rs 17,300 to Rs 19,550.
- Effective Date: The new wage came into effect from Shravan 1, 2082 BS (mid-July 2025).
- Tripartite Agreement: This decision was made after an agreement between the government, employers, and trade unions during a meeting at the Ministry of Labour, Employment and Social Security.
Revised Minimum Wages:-
- Basic Salary: Rs 19,550/month
- Daily Wage: Rs 754
- Hourly Wage: Rs 101
Additional Cost: Employers must also contribute 20% to the Social Security Fund, increasing total monthly cost to Rs 21,984.
Legal Basis: The change follows provisions in the Labour Act 2074, which requires revision of minimum wages every two years based on recommendations.
Impact:- For Employers: Need to update payroll and HR policies, adjust budgets, and comply with the law to avoid penalties.
For Employees: Provides better financial support amid rising living costs, improves job security and life quality.
The article concludes that this wage adjustment is a significant step toward fairer pay in Nepal and calls for smooth adaptation by companies to comply with the law.
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