New Wage Code from July 1 likely: 5 things that will impact salaried employees from next week | Personal Finance News
Here are five things that will be impacted once the New Wage Code is implemented from July 1.
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Here are five things that will be impacted once the New Wage Code is implemented from July 1.
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.
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.