Establishment /Labour Law Compliance:
Introduction:
Labour law is a set of Acts which are essential for businesses and organisations of all sizes and industries, which must comply with regulatory requirements and standards defined in the respective Acts. In other words, labour law is a set of rules, administrative decisions, and judgments that deal with the legal rights of people working and their organizations in general.
AKM Globalhas the proficiency to manage every step of Establishment/Labour Compliance which is applicable to Establishments across India.
Requirement & Benefits of Compliant Workplace:
How does Establishment Compliance/ Labour Law Impact any business?
Legal Requirements: EveryEstablishment should comply with labour law as per the instructions described in various labour act, it is the responsibility of every employer that the organisations meet its all-legal obligations.
Financial Requirement for Avoiding the losses: Non-compliance might result in financial penalties and fines, which can increase the cost of doing business. Establishment Compliance Services is a path which can help organisations avoid these penalties and fines by ensuring compliance with regulations.
Conservation of Organisation Reputation: Non-compliance can destroy the organisation's reputation. Conforming to compliance can help accumulate an organisation social reputation by distinguishing and reducing areas of risk.
Provides a Safe & Productive Work environment to Employees: InLabour Law there is mandatory rules and regulations outlined which help to provide the healthy, safe & rightful workplace to the employees which also enhances the productivity of the business.
Establishment /Labour Law Compliance:
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Establishment Compliance
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Payroll Compliance
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Factory Compliance
“New Labour Code For New India will be implemented shorlty”
Introduction
Workforce empowerment is essential for a strong, prosperous and self-reliant India. Even after 73 years of independence, almost 90% of workers work in the informal sector without access to full social security. The total number of workers in the organized and informal sectors exceeded 500 million. For the first time, a government looked after workers and their families in both the formal and informal sectors. In the past, the labor movement had been involved in the implementation of several labor laws. The central government has made significant changes in the right direction to give them real autonomy. To this end, the central government has taken the historic step of codifying 29 laws into 4 laws, so that employees can easily access dignity, health and other welfare measures.
The Four New Labour Codes are:
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Social Security Code 2020: A law to change and put in place rules about social security. It aims to give social security to workers in organized, unorganized, or other sectors. It also deals with related matters.
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Occupational Safety, Health and Working Conditions 2020: A law to combine and update rules that control job safety, health, and work conditions for people employed in a business. It also covers related or linked issues.
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Industrial Relations 2020: A law to merge and update rules about Trade Unions, work conditions in industrial businesses looking into and solving industrial fights. It also handles related or connected matters.
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Code of Wage: A law to update and bring together rules about wages and bonus. It also deals with linked or related issues.