Aparajitha’s 2 part ’60 Minutes Compliance’ Webinar addresses the provisions of the Labour Laws
Chennai, November 02, 2020: Aparajitha Corporate Services Private Limited, the country’s no.1 company for Compliance, today organized and ended its ’60 Minutes Compliance’ webinar session which discussed on the introduction of Labour Codes. The webinar was aimed at discussing the Labour Codes in detail and how it is being derived from the existing 29 Central Labour Laws without compromising any aspect of it.
The session was continuation of the first part of the webinar which had taken place on 24th October 2020.
The discussion included esteemed speakers Justice S. Vaidynathan, (Judge, Madras High Court) and Mr. S. Ravidran. (Sr. Advocate & President of Labour Law Practitioners Association) while the first part of session had Justice F.M Ibrahim Kalifulla (Retd. Judge , Supreme Court of India) and both session was addressed by K Varadan, Chief Consultation Officer, Aparajitha Corporate Services Private Limited.
The discussions on both the sessions highlighted on how these codes, when implemented, would benefit workers and safeguard their rights, especially in the unorganized sectors. It also mentions how these codes will work in favour of Managements by covering aspects such as Permission for Fixed Term Employment, increase in threshold limit for applicability of Standing Orders Act, Factories Act, Contract Labour Act, current Chapter VB under ID Act.
Speaking on the occasion, Mr. Nagaraj Krishnan, Managing Director, Aparajitha Corporate Service Private Limited said, “In a move to revive the industries that had been severely impacted by the pandemic, the government has proposed labour codes which had been in talks for over 17 years since its initial suggestion in 2003. The scope of these codes is huge and will set a framework for the rules which will cover all aspects as Hiring and firing, fixed-term employment, rudimentary security net that will now cover sections of the unorganized workforce, and a lot more. The quantum of penalty is also substantially increased according to these labour codes to lay emphasis on compliance for the industries. While this has made things easier from the legislation front, compressing almost 29 existing legislation laws into 4 codes can create huge confusion to employers and employees in terms of the new changes and amendments. Both sessions of the knowledge series were arranged to discuss the key changes that are likely to be brought about by the codes and the possible implications so that people would have better clarity about these codes that will be responsible for safeguarding their rights.
The webinar session highlighted the key features of the upcoming labour codes.
(A) Social Security Code, 2020
(B) Occupational Safety, Health & Working Conditions Code, 2020
(C) Industrial Relations Code, 2020
(D) Wage Code Bill, 2019
The two part webinar sessions, which saw participation by 1700 individuals comprising of HR professionals, mid & senior level personnel, and employees from Corporates across various industry sectors, was moderated and addressed by Mr. K. Varadan, Chief Consultation Officer, Aparajitha Corporate Services Private Limited.