Report on Seminar

(i) Code on Wages.

Method of Training: PPT + Flipchart Training

Reported By: HR Section

THE CODE ON WAGES -2019
OBJECTIVE:
1) Understanding the key provisions of Code on Wages with role of Employer, HR, Employee & Labor Officer.
2) Compliance to be followed & maintained by the principal employer, contractors and its Inspection process.
BACKGROUND:
Labor ministry of India has taken initiative to amalgamate 44 labor laws into four codes, namely (i) Code on wages, (ii) Code on
industrial relations, (iii) Code on social security and safety, (iv) Code on health and working conditions. At present, Code on wages
has been notified where its drafting rules are under commencement.
WHAT IS CODE ON WAGES: This law subsumes and repeals the major 4 labor laws, namely Equal Remuneration, Min. wage,
Payment of Wages, Payment of Bonus with the intent to regulate and in sync the definition of each clauses under single act.
Key Points Training Procedures in Brief Wage structure as per acts:
Preliminary Definition:  Definition of each title, employer, employee, contractor, wage structure, etc. ERA / POWA MWA / POBA
 Equal remuneration clauses (ERA) (i) Gender Equality & (ii) Equal pay. Basic Basic

Minimum wages  Central wage ceiling (Floor wage), State Gov. to notify further wage slab. DA DA
(MWA)  Wage slab to defined through Unskilled, skilled semi-skilled and high-skilled
or Geo. Condition or both. Retaining Allw. Retaining Allw.
 Skill Criterion table to identify wage bracket. Conv. Allw. -
 Procedures for fixing of wages, intro. of wages for Piece work.
 Conditions of Daily Hrs/Normal working day. HRA -
Payment of wages  Fixation of wage period & Time limit for payment. (Regular & Exits) Overtime Allw. -
(POWA)  Deductions & its Restriction
 Procedures for recovering fines (not >3% of fine to be recovered) Any compensation due -
 Procedures for deduction of damages & loss. payable by order of court /
tribunal
Payment of Bonus  Basis of Bonus Calculation / Disqualification of Bonus / Undertaking for
(POBA) payment of Bonus / adjustment & Timeline for payment, etc. BENEFITS OF TRAINING:
Advisory Board  Purpose of Advisory Board (Central & State) • Open Q&A on topics, Real time case
Payment of Dues,  Responsibilities, role of inspector cum facilitator & their Powers
studies
Claims & Audit  Records, Returns, Display Notices, Wage slip • Pre information on changes & impact.
 Offences, Penalties & Dispute handling – to be notified by Appropriate • Basis of formulating the structure.
Government. • Handbook for ready reference.

This training dealt in base procedures to follow while defining wage ceiling, bonus, Fines & Damages & Deductions.
RECOMMENDATIONS : Corporate Compliance In charge, Payroll In charge, Recruitment Specialist, Finance & Contractors.
WAY AHEAD: It is expected that the following Preliminary draft of central rules is under commencement & to finalize by April 2020.
Post commencement. Necessary compliance to be implemented, monitored to achieve 100% compliance.