Page 2 - Wage Code News Today

The Indian Staffing Federation (ISF) has said that the union government should implement the labour reforms one by one.

Here are five things that will be impacted once the New Wage Code is implemented from July 1.

Significantly, the new industrial relation code also allows the companies with up to 300 workers for lay-offs, retrenchment, and closure with government permission.

Meanwhile, Mukesh Ambani will continue to be the Chairman of Jio Platforms Ltd, the flagship company that owns all Jio digital services brands including Reliance Jio Infocomm.

Here are five things that might change if the New Wage Code 2022 is implemented 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.

As per the new labour code, companies can increase the working hours but would have to give an additional weekly off.

Factories Act stipulates that establishments must follow certain safety norms if their production processes involve use of power and they have 10 or more employees

The movement risks spreading itself too thin. Minimum wages, a safe workplace and social security should become part of a new core agenda.

Left and Congress-backed labour unions are planning to hold a Bharat Bandh for two days during the budget session of Parliament in February next year