The Government has listed few changes in the new law related to your salary. This law also has furnishing that will ease your work conditions and give you relaxations from continuous working hours.
Yeah, it is all about the New Wages Code bill that the government is set to implement. This law will make out several work related change allowing you to work with more concentration and dedication
30 Minutes Break
As per the new Labour code a break of 30 minutes would be mandatory after every five hours of work. This will help employees to freshen up before resuming work again. It actually prohibits over five hours of continuous work
Over 15 minutes of work would now Qualify as Overtime
Its great benefits for employees, over 15 minutes of work would now qualify as overtime as per the new wage code. Currently less than 30 minutes of work after the working hours are over is not considered overtime.
Thought it looks all okay, but there is a No ball. Ha-ha this law may also cut down your take home pay.
As per the provisions made in the New Labour Code, The minimum wages must account for half of an employee CTC. Employee benefits such as Travel, Leave, House Rent, overtime and transportation would have to be reduced to the remaining 50% of CTC.
According to the new code, the allowance part of the total salary or compensation cannot exceed 50% of the total salary. Yeah the take home salary of employees is likely to come down as the contribution to provident Fund (PF) and gratuity are to be increase.
