New Labour Code

Introduction

The Government is planning on phased implementation of New Labour codes in FY 2024.The program will answer such queries/ questions about implementation and prepare industry/ establishment specific action plans for readiness and prompt implementation. The program in specific, would answer and resolve the following :

• What is current Status and when would the New Labour Codes be implemented?
• What are my compliance obligations under New Labour Codes?
• What would be financial implication of the New Labour Codes on my Business ?
• How to prepare for the implementation/ compliance under the Labour Codes ?
• How to design strategy and Actio n Plan for implementation of the Labour Codes ?

The program is designed with expert knowledge and guidance to clarify al l the points and have a detailed compliance understanding of al l 4 Labour Codes.

Course Content

Overview of New Labour Codes

• Comparison with previous labour laws

The Code on Wages 

• Understanding wage-related provisions. New wage definition & its component
• Wage payment and deductions. Impact on payroll management.
• Implementation plan for the Code of Wages

 The Industrial Relations Code

• Employer-employee relationship under the IR code – Fixed Term Employment 
• New Rules on recognition of trade unions and collective bargaining
• Action Plan for Implementation of the IR Code

The Occupational Safety, Health, and Working Conditions Code

• The safety and health provisions under the Code
• Welfare measures and Working condition standards for employees
• Understanding the changes related to Contract Labour provisions
• Implementation plan of the OSH Code

The Code on Social Security

• Understanding key changes in Provident fund, pension, and insurance provisions
• Gig workers and platform workers’ rights
• Preparedness for implementation of the Social Security Code

Compliance and Implementation

• Steps for effective implementation of the New codes
• Compliance requirements for employers
• Legal consequences of non-compliance

Transition and Change Management

• Managing the transition from old laws to New codes
• Addressing employer’s concerns and expectations
• Strategies for adapting to the changes under the Code