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New wage code from July 1: 12 hours work-week, changes in Leaves, reduced in-hand salary, higher PF for employees | Personal Finance News - Vimarsana News

New wage code from July 1: 12 hours work-week, changes in Leaves, reduced in-hand salary, higher PF for employees | Personal Finance News

Once implemented, the new wage code will impact working hours, salary restructuring and PF contribution, encashing of Earned Leaves among the prominent ones.

Source: india.com
More earned leaves, 12 hours working, Salary and PF factor-- New changes may kick in from July 1 | Personal Finance News - Vimarsana News

More earned leaves, 12 hours working, Salary and PF factor-- New changes may kick in from July 1 | Personal Finance News

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. 

Source: india.com
12 hours work-week, changes in Earned Leave, reduced in-hand salary, higher PF: Modi govt likely to implement rules from July 1 | Personal Finance News - Vimarsana News

12 hours work-week, changes in Earned Leave, reduced in-hand salary, higher PF: Modi govt likely to implement rules from July 1 | Personal Finance News

Once implemented, the new wage code will impact working hours, salary restructuring and PF contribution, encashing of Earned Leaves among the prominent ones.

Source: india.com
Companies in UK starting four-day work week, any cue for India to opt for same soon? - Vimarsana News

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. 

Source: india.com
4-day work-week, reduced in-hand salary, higher PF: New Wage Code likely in FY 2022-23 - Vimarsana News

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.

Source: india.com