Nicky posted an Question
November 27, 2021 • 09:00 am 30 points
  • UGC NET
  • Human Resource Management

An employee working in an organization dies resulting from injury by an accident arising out of and in course of his employ- ment. what is the amount of compens

An employee working in an organization dies resulting from injury by an accident arising out of and in course of his employ- ment. What is the amount of compensation his dependants are entitled to if his monthly wages was rupees eighteen thousand per month and the relevant factor is 186.90 un- der the Employees Compensation Act, 1923? )Rs. 7,47,600 (3) Rs. 16,82,100 (4) Rs. 7,76,300 (2) Rs. 8,97,120

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  • Priya sarda best-answer

    The Workmen Compensation Act mandates the employer to pay a compensation amount equal to 50% of monthly wages of the deceased employee. It can be a maximum monthly wage ceiling of Rs. 8000 multiplied by the relevant factor, or a sum of Rs. 140,000, whichever is higher. So 50 percent of 8000 is 4000 . So 4000 x 186.9 = 747600

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    I think wage ceiling is 15000

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