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Getting ready for the new Labor Codes

The upcoming changes to the four major labor codes in India are set to bring about significant changes in the way businesses operate, and organizations need to be prepared to navigate these changes effectively. To do so, they can leverage the expertise of People Performance, a leading HR consultancy that specializes in helping organizations manage their people strategy.

The four major labor codes, namely the Code on Wages, the Code on Social Security, the Occupational Safety, Health and Working Conditions Code, and the Industrial Relations Code, will require businesses to adapt their policies and practices to remain compliant with the new laws. This is where People Performance can provide invaluable support to organizations.

The Code on Wages, for example, will require businesses to provide written contracts to their employees and maintain digital records of their employees. People Performance can assist organizations in developing standardized contract templates and implementing digital record-keeping systems to comply with the new requirements.

Similarly, the Code on Social Security will introduce a comprehensive social security system for all workers, including gig workers and platform workers. People Performance can help organizations navigate the complexities of this new system and ensure that they are providing the required benefits to their employees.

The Occupational Safety, Health and Working Conditions Code will require businesses to maintain digital records of their employees and provide a safe and healthy work environment. People Performance can provide support in developing and implementing workplace safety policies and practices that meet the requirements of the new code.

Finally, the Industrial Relations Code will introduce a framework for resolving disputes between employers and employees. People Performance can provide guidance on developing effective dispute resolution processes and training managers on conflict resolution skills.

In conclusion, the upcoming changes to the four major labor codes in India will require businesses to adapt their policies and practices to remain compliant with the new laws. By partnering with People Performance, organizations can access the expertise they need to navigate these changes effectively. People Performance can assist organizations in developing standardized contract templates, implementing digital record-keeping systems, providing social security benefits, ensuring workplace safety, and developing effective dispute resolution processes. By leveraging the expertise of People Performance, organizations can ensure compliance with the new labor codes and maintain their competitive edge in the market.