US EditionExplained: Salary, Benefits And Working Hours Under New Labour Codes
8 Articles
8 Articles
Higher basic pay, 48-hour work weeks: India’s IT sector prepares for rising costs under new labour codes
Two key shifts for IT will be the standardised wage definition, which forces companies to lift the share of basic pay, and 48-hour work weeks. The quantum will depend on the size of the company and the maturity stage it is already in.
Start working again at over 50 years of age? Although many companies are looking for skilled workers, older applicants often encounter obstacles. What experts advise – from job search to salary negotiations.
New Labor Codes: The government has made a major change to the gratuity rules. Now, gratuity benefits can be earned even for just one year of service. Previously, gratuity was awarded after five years of service.
Explained: Salary, Benefits And Working Hours Under New Labour Codes
From better salaries and retirement benefits to encouraging women's participation in the workforce, the new Labour Codes which were notified last week will bring a generational change in how India...
Cost Of Labour Reforms, RMG Giants Under ED Scanner & More
The Cost Of Labour Reforms After years of delays, the Centre, last week, finally undertook sweeping labour reforms. 29 fragmented laws were replaced by four codes, designed to expand social safety nets for gig workers and standardise employer obligations. So, what’s this new unified framework? Towards Formalisation: The new norms promise formal recognition and portable benefits, linked to Aadhaar, to millions of Indian gig workers. Aggregators a…
New labour codes: What every work from home employee in India should know
Pandemic has reshaped the work culture in India and pushed remote work into the mainstream. Post-Covid, even as life returned to normalcy, many industries continued with work-from-home to reduce operational costs and improve flexibility. But the major question remains — do remote workers miss out on opportunities? The new Labour Codes have now given much-needed clarity. Work from home ensures flexibility The new codes on work-from-home arrangeme…
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