Monday, December 7, 2020

Labour Code may lead to overtime pay for white-collar, managerial employees

Not only that, the compensation for overtime should be at least twice that of the employees' regular pay, as per the Code on Wages, 2019. Currently, there are several laws, giving diverse thresholds and different definitions of ‘wages’ for applicability of overtime pay, which will all be streamlined under the new codes.

from Personal Finance News-Wealth-Economic Times https://ift.tt/2JYW3MH

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