New Wage Code: Salary, PF, gratuity, working hours & leaves of government employees likely to be affected - details here
Now, speculations are rife that the new Wage Code will come into effect in October. Working hours and weekly offsThe New Wage Code will increase employee working hours from 9 to 12. The new wage code will provide a number of provisions that will affect salaried classes, mills and factory workers. Change in salary structureThe salary structure of employees will also be changed under the new wage code. As per the Wage Code Bill 2019, also known as the Code of Wages 2019, the definition of ‘wage’ will change.
Source: dna July 24, 2021 12:11 UTC
