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Event Date: 13th September, 2022 | 11AM – 3:30 PM (including break)
On 15.10.1999 the Government of India set up the second National Commission on Labour, inter alia, to suggest “rationalisation of existing laws relating to labour in the organised sector” and “an umbrella legislation for ensuring a minimum level of protection to workers in the unorganised sector.”
Having reviewed the entire gamut of labour laws, the Commission in its report submitted in the year 1992 recommended, inter alia, that the then existing set of labour laws should be broadly amalgamated into the following groups, namely: —
In pursuance to the recommendations made by the second National Commission on Labour and the deliberations made subsequently by the representatives of the various stake-holders, the Central Government decided to rationalise and amalgamate different Central labour enactments into four Codes, viz., The Code on Wages, 2019; The Industrial Relations Code, 2020; The Code on Social Security, 2020; and The Occupational Safety, Health and Working Conditions Code, 2020.
1) The Payment of Wages Act, 1936;
2) The Minimum Wages Act, 1948;
3) The Payment of Bonus Act, 1965; and
4) The Equal Remuneration Act, 1976.
As per the Statement of Objects and Reasons appended to the Code on Wages, Bill, 2019:
“The amalgamation of the said laws will facilitate the implementation and also remove the multiplicity of definitions and authorities without compromising on the basic concepts of welfare and benefits to workers. The proposed legislation would bring the use of technology in its enforcement. All these measures would bring transparency and accountability which would lead to more effective enforcement. Widening the scope of minimum wages to all workers would be a big step for equity. The facilitation for ease of compliance of labour laws will promote in setting up of more enterprises thus catalyzing the creation of employment opportunities.”
To review, examine, analyse and discuss the major changes brought about by ‘The Code on Wages, 2019’ in the laws relating to payment of wages/remuneration and bonus, their implications, and the nuances of the new ‘wage regime’.
The Webinar will cover the salient features of the Code on Wages, 2019 and focus on the major changes in the laws relating to wages/remuneration and bonus which the Code seeks to bring about.
INR 5000 + GST @ 18%