Hyderabad : Aparajitha Corporate Services Private Limited, the country’s no.1 company for Compliance, today organized a ’60 Minutes Compliance’ webinar to discuss Labour Codes vis-à-vis Contract Labour.
The webinar explained in detail the delay in implementation of the new labor codes amidst the resurgence of the pandemic crisis. The session also highlighted that corporates need to learn and understand the codes in their current form and be ready to adopt them as and when the date of commencement is announced despite the lack of clarity of how long the current situation might last.
Speaking on the occasion, Mr. Nagaraj Krishnan, Managing Director, Aparajitha Corporate Service Private Limited said, “The labor laws have been a hot topic for quite some time now since its introduction in the recent past. Industrialists have been actively discussing and debating its introduction, the pros and cons.
However, it looks the wait for its implementation will have to be longer due to the unfortunate rise of COVID cases leading to lockdowns and shutdown of industries once again. But again the webinar session aimed to educate people that the labor codes will be active once things return to normal and that by not being ready companies can land into being scenarios of being non-compliant which might lead to facing unnecessary penalties. In fact we feel companies can use this time to revamp their policies on HR and salaries to smoothen the transition.”
Considering the pandemic situation, the implementation of the new labor codes is delayed and as per the latest information, it is likely to be in the next year. However, the corporates need to understand the codes in their current form and be ready to adopt them as and when the date of commencement is announced.
The session covered the following:
The webinar, which saw participation by individuals comprising of HR professionals and mid & senior level personnel across various industry sectors, was moderated and addressed by Mr. K. Varadan, Chief Consultation Officer, Aparajitha Corporate Services Private Limited.
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