The Code on Wages, 2019 is a new law that brings together four older wage-related laws:
- The Payment of Wages Act, 1936
- The Minimum Wages Act, 1948
- The Payment of Bonus Act, 1965
- The Equal Remuneration Act, 1976
This code aims to make wage laws easier to understand and apply across all types of businesses, whether big or small.
Why is it important?
- One clear definition of wages – no more confusion across different laws
- Minimum wages for all employees, not just a few selected sectors
- Equal pay for men and women doing the same work
- Timely and complete wage payments
- Easier for employers to stay compliant and avoid legal trouble
How can HRComplianceGuru help?
We help companies understand and follow the new rules under the Code on Wages. Whether it’s updating salary structures or ensuring proper documentation, our team supports you every step of the way.
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