panel_start Code on Wages panel_end
1- Limited coverage employees and employment under existing law whereas broader coverage under code
2- Uniformity in Appropriate government definition Viz a Viz existing labour laws
3- Extensive coverage of equal remuneration part under the code in comparison to existing ER Act 1976
4- Clear concept of components of wages under the code with Uniformity
5- New concept of floor level wages to reduce disparities in rate of minimum wages across the nation under the code
6- Modified mode of payment of bonus
panel_start IR CODE panel_end
1- Introduction of fixed term employment under the code and its implications
2- Establishments exempted from the definition of industry and its cosquences
3- New concept of negotiating union and negotiating council under the code
4- Rights of employers to adopt model standing order without going for any certification process under the code
5- Limitation of time limit for raising a industrial dispute under the code
6- Modified definition of strike and also right of strike under the code
panel_start CODE ON OSH &WC panel_end
1- Additional responsibilities of employers including principal employers under the code
2- Modified definition of contract labour under the code Viz a Viz existing contract labour laws
3- New concept of core and non core activities under the code instead of permanent and perennial nature of work under existing contract labour law
4- Delinking of registration and license under the code and concept of work specific license has been done away with unlike under the contract labour act
5- More inclusive definition and coverage of migrant workers under the code unlike narrow coverage under ISMW Act 1979
6- Formalization of employment and flexible ceiling on overtime deployment
7- New facilities of encashment of leave under the code
panel_start CODE ON SOCIAL SECURITY panel_end
1- Emergence of gig workers and platform workers have been recognised under the code
2- Responsibilities of employers including PE in ensuring contributions in respect of PF and ESIC both under the code
3- ESIC right to realize capitalized value of expenditure from employer in respect of uninsured employees
4- Relaxation in eligibility criteria for payment of gratuity in respect of fixed term employee and working journalists under the code
5- Social security schemes for unorganised workers and introduction of E-Shram portal
6- Requirements of reporting of vacancies in any employment for the establishment both in public and private sectors under the code