Labour welfare fund

Hello Harish, 

Happy New Year to you too!!

Thank you for the question.

Managerial capacity means an assignment within an organization in which the employee primarily manages the organization, or a department, subdivision, function, or component of the organization.

Supervisory capacity means when the employee supervises and controls the work of other supervisory, professional, or managerial employees.

The employee having these capacities also has the authority to hire and fire or recommend those as well as other personnel actions (such as promotion and leave authorization) if another employee or other employees are directly supervised, or, if no other employee is directly supervised, functions at a senior level within the organizational hierarchy or with respect to the function managed.

They also exercise discretion over the day-to-day operations of the activity or function for which the employee has authority. A first-line supervisor is not considered to be acting in a managerial capacity merely by virtue of the supervisor’s supervisory duties unless the employees supervised are professional. 

If a person has these capacities and wages exceeding 3500, then he/she is an exception to the act and hence won't benefit from this act,

Having said that, The Maharashtran Labour Welfare Fund Act, 1953 is only applicable to Maharashtra, whereas The Factory Act, 1948, extends to all of India. 

Hope this helps! 

Hello Harish, 

Happy New Year to you too!!

Thank you for the question.

Managerial capacity means an assignment within an organization in which the employee primarily manages the organization, or a department, subdivision, function, or component of the organization.

Supervisory capacity means when the employee supervises and controls the work of other supervisory, professional, or managerial employees.

The employee having these capacities also has the authority to hire and fire or recommend those as well as other personnel actions (such as promotion and leave authorization) if another employee or other employees are directly supervised, or, if no other employee is directly supervised, functions at a senior level within the organizational hierarchy or with respect to the function managed.

They also exercise discretion over the day-to-day operations of the activity or function for which the employee has authority. A first-line supervisor is not considered to be acting in a managerial capacity merely by virtue of the supervisor’s supervisory duties unless the employees supervised are professional. 

If a person has these capacities and wages exceeding 3500, then he/she is an exception to the act and hence won't benefit from this act,

Having said that, The Maharashtran Labour Welfare Fund Act, 1953 is only applicable to Maharashtra, whereas The Factory Act, 1948, extends to all of India. 

Hope this helps! 

Hello Harish, 

Happy New Year to you too!!

Thank you for the question.

Managerial capacity means an assignment within an organization in which the employee primarily manages the organization, or a department, subdivision, function, or component of the organization.

Supervisory capacity means when the employee supervises and controls the work of other supervisory, professional, or managerial employees.

The employee having these capacities also has the authority to hire and fire or recommend those as well as other personnel actions (such as promotion and leave authorization) if another employee or other employees are directly supervised, or, if no other employee is directly supervised, functions at a senior level within the organizational hierarchy or with respect to the function managed.

They also exercise discretion over the day-to-day operations of the activity or function for which the employee has authority. A first-line supervisor is not considered to be acting in a managerial capacity merely by virtue of the supervisor’s supervisory duties unless the employees supervised are professional. 

If a person has these capacities and wages exceeding 3500, then he/she is an exception to the act and hence won't benefit from this act,

Having said that, The Maharashtran Labour Welfare Fund Act, 1953 is only applicable to Maharashtra, whereas The Factory Act, 1948, extends to all of India. 

Hope this helps! 

Hello Harish, 

Happy New Year to you too!!

Thank you for the question.

Managerial capacity means an assignment within an organization in which the employee primarily manages the organization, or a department, subdivision, function, or component of the organization.

Supervisory capacity means when the employee supervises and controls the work of other supervisory, professional, or managerial employees.

The employee having these capacities also has the authority to hire and fire or recommend those as well as other personnel actions (such as promotion and leave authorization) if another employee or other employees are directly supervised, or, if no other employee is directly supervised, functions at a senior level within the organizational hierarchy or with respect to the function managed.

They also exercise discretion over the day-to-day operations of the activity or function for which the employee has authority. A first-line supervisor is not considered to be acting in a managerial capacity merely by virtue of the supervisor’s supervisory duties unless the employees supervised are professional. 

If a person has these capacities and wages exceeding 3500, then he/she is an exception to the act and hence won't benefit from this act,

Having said that, The Maharashtran Labour Welfare Fund Act, 1953 is only applicable to Maharashtra, whereas The Factory Act, 1948, extends to all of India. 

Hope this helps!