FOUR LABOUR CODES: IS YOUR BUSINESS READY?
India's labour law framework is set for a major transformation with the implementation of the Four Labour Codes. These reforms consolidate 29 labour laws into four simplified codes, aimed at improving compliance, employee welfare, and ease of doing business.
The Four Labour Codes
1. Code on Wages, 2019
• Uniform definition of wages
• Impact on payroll, PF, gratuity, and bonus calculations
2. Industrial Relations Code, 2020
• Governs employer-employee relations
• Updates dispute resolution and workforce management practices
3. Social Security Code, 2020
• Covers PF, ESIC, gratuity, and employee benefits
• Enhances social security compliance
4. Occupational Safety, Health & Working Conditions Code, 2020
• Focuses on workplace safety, welfare, and health standards
• Strengthens compliance and record-keeping requirements
Why Prepare Now?
? Ensure compliance readiness
? Minimize legal and financial risks
? Align payroll and HR policies
? Improve workforce governance
? Avoid last-minute implementation challenges
Key Areas to Review
• Payroll Structure
• PF & ESIC Compliance
• Employment Contracts
• HR Policies
• Labour Law Registers
• Workplace Safety Measures
• Statutory Documentation
How CPS LLP Group Can Help
? Four Labour Code Readiness Assessment
? Payroll Restructuring & Wage Analysis
? PF & ESIC Compliance Review
? Labour Law Audit & Documentation
? HR Policy & Contract Review
? Statutory Compliance Management
? Ongoing Legal Advisory Services
The Four Labour Codes are not just a legal change—they are a business transformation. Is your organization ready?
CPS LLP Group – Strategic Legal Advisors for Business Excellence
???? 8779912227
???? contact@cpsllpgroup.com
???? https://cpsllpgroup.com
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