Event Title: Transitioning into the Labour Codes (Knowledge Sharing Session)

Date: 1^st July, 2021 (Thursday)

Timings: 2.30 p.m.  – 3.45 p.m. (IST) / Venue: MS Teams

Speakers:

1)     Ms. Parizad Sirwalla, (Partner and Head, Global Mobility Services, Tax, KPMG in India)

2)     Mr. Surendra Pareek (Chartered Accountant)

3)     Mr. T Santhosh Kumar (Chartered Accountant)

Program:

2.30 p.m.: Welcome by NBAI

2.35 p.m.: Presentation by Ms. Parizad Sirwalla

Topics:

• Overview of the Labour Codes;
• Recent media highlights

2.50 p.m.: Presentation by Mr. Surendra Pareek

Topics:

• Employees compensation structure;
• Definition of Wages under the Code;
• Impact of new wage definition on gratuity;
• HR / Payroll policies and other benefits;

3.05 p.m.: Presentation by Mr. T Santhosh Kumar

Topics:

• New Age Workers;
• Contractors;
• Contract workforce – Key changes;
• Industrial Relations – Key changes;
• Dispute Resolution;

3.20 p.m.: Q & A session

3.45 p.m.: Vote of Thanks

Brief note:

Government of India has brought in a major change in the labour and employment laws by enacting four labour codes. These codes regulate (i) Wages (ii) Social Security (iii) Occupational Safety, Health and Working Conditions and (iv) Industrial Relations, subsuming 29 existing national regulations. The changes will impact almost every organization in every sector. Therefore, the knowledge sharing session would cover the impact of changes on:

1. Compensation and benefits structures.
2. Compliance requirements under code on wages and social security
3. Employee policies
4. Contractual workers
5. Industrial relations