India’s new labor codes are reshaping employment and wage frameworks, requiring India Inc to adapt to an evolving landscape. At a recent ET Masterclass, experts delved into the practical implications of these changes, offering insights on navigating the shifting realities of the workplace.
Advocate Sundeep Puri and Deepak Kumar, Partner at Khaitan & Co., provided practical guidance on wages, compliance, and risk management under the new framework. The discussions underscored the importance of understanding the gap between legal intent and actual workplace practice.
The analysis specifically covered the Industrial Relations Code, offering a roadmap for employers to adapt to the changing legal environment. Key areas of focus included compliance strategies and risk mitigation in the context of the new wage framework.
The ET Masterclass served as a platform for India Inc to gain clarity on the new labor codes, equipping them with the knowledge to navigate the evolving landscape of labor laws effectively. As India’s employment frameworks undergo this transformation, understanding and adapting to these changes is crucial for employers across the country.
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