From July 1, new labour codes can be implemented across the country. It can impact your salary, working hours and weekly offs. The Centre has finalised the four codes related to wages, social security, industrial relations and occupational safety. Now it is up to the states to implement them. According to the code, the concerned company must have to pay the full and final dues within two days of the employee’s last working day after their resignation or termination of employment services. Officials said in December that "the new wage code would be introduced next year, i.e., 2022".
It is expected to be implemented from July 1, 2022. Once the new codes are introduced, the take home salary would be lesser as the PF contribution would go up. Employees may have to work for 12 hours a day as the Labour Ministry made it clear that the requirement for a 48 hour weekly work is compulsory. There are also talks about working four- day in a week.
Currently, the complete settlement of salary and dues are done after 45 days to 60 days from an employee's last working day, and in some cases, it goes up to 90 days. But, according to the new rules, a company must pay the full and final settlement of wages and dues within two days of an employee's last working day following their resignation, dismissal or removal from employment and services.
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