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Home » Knowledge Base » Employment law by country » Sri Lanka » Remuneration

Remuneration

Information on basic pay, minimum wages, bonuses, employee benefits and rules concerning the payment of wages.

Sri Lanka :: Wage premia

◉ Overtime Employees may be required to work in excess of their normal working hours, for up to 12 hours per week, according to the Shop and Office Employees (Regulation of Employment and Remuneration) Act …

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Sri Lanka :: Employee benefits

It is common for organisations to provide benefits in kind such as providing shares of the company, meal vouchers, travel passes etc …

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Sri Lanka :: Deductions from wages

The Shop and Office Employees (Regulation of Employment and Remuneration) Act permits deductions to be made from the remuneration of an employee …

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Sri Lanka :: Bonuses and payment by results

Bonus payments are usually made at the discretion of the management of organisations …

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Sri Lanka :: Remuneration and national minimum wage

◉ Remuneration Under the Shop and Office Employees (Regulation of Employment and Remuneration) Act, ‘remuneration’ means an employee’s salary, inclusive of any special allowance determined according to the cost of living, any allowance to compensate the employee for working beyond their normal working hours and any other allowances that have been prescribed by the employer …

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FedEE Modern Slavery and Human Trafficking Statement

The Federation of International Employers (FedEE) is committed to undertaking its activities in an ethical and humane way. We seek to verify that none of our Suppliers, Associates, Affiliates Representatives or Members is involved in unethical trade practices and operate our own employment policy in line with ILO conventions and the principles of best practice. Operational and strategic issues are the responsibility of the FedEE Board, whilst day-to-day running of FedEE is through its Secretary-General and contractual relationship with our operating affiliate FedEE Corporate Services Limited (FCSL). Our services are mainly engaged via FCSL and are principally in the fields of professional services, IT services, telecommunications, utilities and office supply. We undertake to pay our suppliers in a timely way and promote an organisational philosophy that promotes equality of opportunity, freedom of expression, tolerance and a liberal corporate stance. FedEE has its own code of conduct, developed many years ago, and seeks to both further that in the corporate world and adhere to it in our own organisation.