New Labor Codes Benefits: Four new labor codes have been implemented by the Central Government on November 21 to bring changes in the lives of laborers, employees and gig workers etc. 29 old labor laws have been included in these 4 new laws by the government. In this regard, the government says that these laws will provide workers with better wages, safety, social security and significant positive changes in their lives.
The government is expecting about 40 crore employees to benefit from the new labor code. Also, the workers working in the unorganized sector will get the most benefit from these labor codes. Which will mainly include delivery gig workers, migrant workers, contract laborers. Let us know, what changes will happen in his life?
Everyone will get minimum wage guarantee
Minimum wages have been guaranteed under the new labor code. Whether someone works in a factory, is an office employee or a gig worker, everyone will get its benefits. Earlier, minimum wage was limited to some scheduled industries. By making changes in this, the government will set the national floor wage.
Gratuity will be available after one year of work
Under the new Labor Code, the government has decided to reduce the waiting period for gratuity to one year for fixed term or contract employees. Earlier, to get gratuity, employees had to work in a company continuously for 5 years. That means, if a person works continuously for 1 year in a company, he can demand gratuity.
Everyone will get appointment letter
According to the new labor laws, every employer will have to give a written appointment letter to the employees at the time of joining. The government’s objective behind this step is to reduce the arbitrariness of companies and protect the interests of employees.
Also read: Big drop in foreign exchange reserves! Pressure increased due to decreasing value of gold reserves
Khanderao Deshmukh aims to guide job seekers by delivering accurate, timely, and easy-to-understand information, helping them secure stable government careers.
