COMPENSATION AND BENEFITS LOCAL LAW REFERENCE Bangladesh Labour Code, 2006 POLICY ♦ (YOUR COMPANY NAME). pa y s at least the total minimum compensation required by local laws, including all manda t ed wages, allowan c es and benefits to its workers and staff. ♦ (YOUR COMPANY NAME). does not pay less than the minimum wage p r escribed by t he local law to unskill e d workers. To other ca t egory of workers, w ages paid will be in line with those prevailing in the industry at the time, which also provides some discretionary income. ♦ (YOUR COMPANY NAME). posts legal mini m um wage rates, ove r time rates, benefit poli c ies, and additional pa y ment informa t ion in the native language. ♦ (YOUR COMPANY NAME). en s ures that its contractor pays pie c e-rate workers at a rate at least equivalent to the minimum wages per month. ♦ If a piece rated worker is ...
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