New Wage Code 2022: Employees with Rs 25 basic pay people will get Rs 1.16 crore, check out this calculation
The central government has notified four labour codes, namely, the Code on Wages, 2019, on August 8, 2019, and the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 on September 29, 2020.
Oct 19, 2022, 14:53 PM IST
New Wage Code: Crucial meeting of Labour Ministry with industry today, discussion on allowance and salary structure on the cards
If it is agreed upon that Allowances cannot be more than 50% in salary, then take home salary will be less and investment in Provident Fund (PF) will increase. The industry believes the new wage code is expected to increase the burden in the short term. Therefore, the industry should get 2-3 months to implement the new rules.
Aug 22, 2022, 09:47 AM IST
Gratuity Scheme to Private and Contract workers of Public Sector, here is what government said
The government had a few months ago said that there would be no change in the gratuity norms.
Aug 19, 2022, 11:03 AM IST
Labour Ministry's BIG update on New wage code! 12 hours work-week, low salary, high PF --Know when it will be implemented
Once implemented, the new wage code will impact working hours, salary restructuring and PF contribution, encashing of Earned Leaves among the prominent ones.
Jul 19, 2022, 12:38 PM IST
New Wage Code to be implemented soon: 5 Key things salaried person needs to know about new Labour laws
The central government had notified four labour codes, namely, the Code on Wages, 2019, on August 8, 2019, and the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 on September 29, 2020.
Jul 06, 2022, 13:27 PM IST
New Wage Code: Key things that salaried employees need to know about new Labour laws
The central government had notified four labour codes, namely, the Code on Wages, 2019, on August 8, 2019, and the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 on September 29, 2020.
Jul 01, 2022, 09:39 AM IST
New Wage Code: Employees to get salary, full and final settlement in 2 days after resignation! Check details
The New Wage Code directs a company to pay the due salary and full and final settlement of wages within two days of the last working day of the employee.
Jun 30, 2022, 18:58 PM IST
New Wage Code likely to be implemented from tomorrow: Office timings, salary, PF may change from July 1
The central government had notified four labour codes, namely, the Code on Wages, 2019, on August 8, 2019, and the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 on September 29, 2020.
Jun 30, 2022, 09:13 AM IST
New Wage Code from July 1 likely: 5 things that will impact salaried employees from next week
Here are five things that will be impacted once the New Wage Code is implemented from July 1.
Jun 29, 2022, 14:29 PM IST
New wage code from July 1: From Salary, PF to Leaves, check 5 things that are likely to change from next month
Here are five things that might change if the New Wage Code 2022 is implemented from July 1.
Jun 27, 2022, 15:55 PM IST
New Labour Law: Workers could get paid for unused leaves in same year! Check details
The new wage code is all set to be implemented from July 1, 2022.
Jun 26, 2022, 15:06 PM IST
Understanding New wage code in 5 simple points, implementation likely from July 1 --Salary, PF, Leaves to be impacted
The central government had notified four labour codes, namely, the Code on Wages, 2019, on August 8, 2019, and the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 on September 29, 2020.
Jun 24, 2022, 11:46 AM IST
New wage code from July 1: Changes in Leave, reduced in-hand salary, higher PF, 12 hours work week likely from next month
The central government had notified four labour codes, namely, the Code on Wages, 2019, on August 8, 2019, and the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 on September 29, 2020.
Jun 21, 2022, 14:31 PM IST
New wage code from July 1: 12 hours work-week, changes in Leaves, reduced in-hand salary, higher PF for employees
Once implemented, the new wage code will impact working hours, salary restructuring and PF contribution, encashing of Earned Leaves among the prominent ones.
Jun 14, 2022, 09:52 AM IST
More earned leaves, 12 hours working, Salary and PF factor-- New changes may kick in from July 1
Among the prominent takeaway from the the new wage code --once implemented -- is its impact on working hours, salary restructuring and PF contribution, encashing of Earned Leaves among the prominent ones.
Apr 27, 2022, 12:50 PM IST
12 hours work-week, changes in Earned Leave, reduced in-hand salary, higher PF: Modi govt likely to implement rules from July 1
Once implemented, the new wage code will impact working hours, salary restructuring and PF contribution, encashing of Earned Leaves among the prominent ones.
Apr 22, 2022, 13:39 PM IST
Companies in UK starting four-day work week, any cue for India to opt for same soon?
The trial program will begin in June, while the participating companies will allow employees to work for 32 hours per week.
Jan 21, 2022, 17:00 PM IST
4-day work-week, reduced in-hand salary, higher PF: New Wage Code likely in FY 2022-23
Since labour is a concurrent subject, the Centre wants the states to implement these as well in one go.
Dec 21, 2021, 10:29 AM IST
New Wage Code: Here’s how it will impact your PF, salary, gratuity and pension
Many changes have been implemented starting from employee holidays to salaries and working hours have been enacted as a result of this bill.
Oct 01, 2021, 16:26 PM IST
Working hours to be limited to 8 hours a day; overtime pay to be twice that of regular salary: Reports
As per the new wage rules, any employee working between 15 minutes to 30 minutes time post the regular work hour will be considered as doing a half-hour overtime.
Dec 30, 2020, 18:57 PM IST
