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New wage code News

19 Oct 2022

New Wage Code 2022: Employees with Rs 25 basic pay people will get Rs 1.16 cr

The central government has 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.

22 Aug 2022

New Wage Code: CRUCIAL meeting today, discussion on allowance, pay structure

Working week to be reduced. In hand pay to shrink. PF, Gratuity components to be hiked.

19 Aug 2022

Gratuity New Rules: Here is what all govt and private employees should know

The government had a few months ago said that there would be no change in the gratuity norms.

19 Jul 2022

Labour Min's BIG update on New wage code! Know when it will be implemented

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

06 Jul 2022

New Wage Code to be implemented soon: 5 things salaried person needs to know

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.

01 Jul 2022

New Wage Code: Key things that salaried employees need to know

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.

30 Jun 2022

New Wage Code: Employees to get salary, FnF settlement in 2 days! Details here

Most companies currently take 45 days to 60 days to process the full and final settlement. It is a common practice followed by most firms.

30 Jun 2022

New Wage Code may kick in from tomorrow: Office timing, salary, PF to change

Working week to be reduced. In hand pay to shrink. PF, Gratuity components to be hiked.

29 Jun 2022

New Wage Code from July 1: 5 things that will impact salaried employees

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

27 Jun 2022

New wage code: From Salary, PF to Leaves, check 5 things that are changing

Here are five things that might change if the New Wage Code 2022 is implemented from July 1.

26 Jun 2022

New Labour Law: Workers could get paid for unused leaves in same year

Employees will be able to encash the leaves without waiting for the financial year to end. The Central government has made an attempt to enforce leave provisions across all sectors.

24 Jun 2022

Understanding New wage code in 5 simple points, implementation likely 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.

21 Jun 2022

12 hours work week, EL change, reduced in-hand salary, higher PF from July 1

Working week to be reduced. In hand pay to shrink. PF, Gratuity components to be hiked.

14 Jun 2022

12 hours work, changes in Leave, reduced in-hand salary, higher PF from July 1

Working week to be reduced. In hand pay to shrink. PF, Gratuity components to be hiked.

27 Apr 2022

More earned leaves, 12 hours working, Salary, PF-- New changes from July 1

Working week to be reduced. In hand pay to shrink. PF, Gratuity components to be hiked.

22 Apr 2022

12 hours work, changes in Leave, reduced in-hand salary, higher PF from July 1

Working week to be reduced. In hand pay to shrink. PF, Gratuity components to be hiked.

21 Jan 2022

Companies in UK starting four-day work week, cues for India to opt for same?

The trial program will begin in June, while the participating companies will allow employees to work for 32 hours per week.

21 Dec 2021

4-day work-week, reduced salary, higher PF: New Wage Code likely in FY 2022-23

Working week to be reduced. In hand pay to shrink. PF, Gratuity components to be hiked.

01 Oct 2021

New Wage Code: Here’s how it will impact your PF, salary, gratuity and pension

The laws will be applied to major concerns such as employee working hours, yearly holidays, pensions, PF, take-home pay, and retirement. Earned leave should be increased from 240 to 300 days. Take-home salaries will be reduced.

30 Dec 2020

Working hours to be 8 hours a day; overtime pay twice that of regular salary

New wage bill likely to be approved soon. No clarity regarding working hours in new wage bill. Overtime to be considered from 15 mins onwards after regular shift time gets over.

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