New Wage Code India: There are many such provisions in the new Wage Code, which will affect the salaried class working in the office, even the workers working in mills and factories.
New Delhi: New Wage Code India Updates: There are tremendous discussions going on regarding the new Wage Code. Earlier it was to be implemented in October 2021. But it was not implemented due to speculations by the state governments. Now this rule can be implemented in the next year i.e. 2022. By this period, all the states will also prepare their draft rules. Under this, there will be changes in the salary, holidays etc. of the employees. Let us know its details.
1. Holidays of the year will increase to 300
Earned Leave of employees can be increased from 240 to 300. Many provisions were discussed between the Labor Ministry, Labor Union and representatives of the industry regarding changes in the rules of the Labor Code. In which there was a demand to increase the Earned Leave of the employees from 240 to 300.
2. Salary Structure Will Change
Under the new wage code, there will be a change in the salary structure of the employees, their Take Home Salary can be reduced. Because according to the Wage Code Act, 2019, the basic salary of an employee cannot be less than 50% of the cost of the company (CTC). At present, many companies reduce the basic salary and give more allowances from above so that the burden on the company is reduced.
3. What’s special in the new wage code
Many such provisions have been given in the new wage code, which will affect even the salaried class working in the office, workers working in mills and factories. From the salary of the employees to their holidays and working hours will also change. Let us know some of the provisions of the new wage code, after the implementation of which your life will change a lot.
4. Working Hours Will Increase and Weekly Off Will Also Increase
According to the information received, under the new wage code, the working hours will increase to 12. The Ministry of Labor and Employment said that in the proposed Labor Code, it has been said that the rule of 48 hours of work in a week will be applicable, in fact some unions had questioned the rule of 12 hours work and 3 days leave. In its clarification on this, the government said that there would be a rule of 48 hours of work in a week, if someone works for 8 hours a day, then he will have to work 6 days a week and will get one day off.
If a company adopts work for 12 hours a day, then it will have to give leave to the employee for the remaining 3 days. If the working hours increase, then the working days will also be 5 or 4 instead of 6. But for this, it is also necessary to have an agreement between both the employee and the company.
