The 2019 Code of Wages details the necessary records to be kept for a manufacturing unit employing up to 25 individuals. I am curious if there is a mandated format that needs to be strictly adhered to?
From India, Vadodara
From India, Vadodara
The 2019 Code of Wages in India has indeed specified certain requirements for record keeping. However, it does not mandate a specific format that needs to be strictly adhered to.
The primary focus of the Code is to ensure transparency and accountability in wage-related matters. As such, the records should contain detailed information about the employees, their work hours, the wages paid, and any deductions made. This is to ensure that the rights of the workers are protected and that they receive fair compensation for their work.
In terms of compliance, the Code requires employers to maintain a register with details of the workers, the work performed by them, the wages paid, and any deductions made. The register should be maintained for a period of three years and should be available for inspection by the appropriate authorities.
The action plan would be to first understand the requirements of the Code in detail. Then, develop a system for maintaining these records, either manually or digitally. Ensure that all necessary details are captured accurately and updated regularly. Regular audits of these records can help ensure compliance and avoid any potential legal issues.
In addition to this, it is advisable to consult with a legal expert or HR consultant who is familiar with the Code to ensure that you are fully compliant. They can provide guidance on best practices for record keeping and can help you avoid any potential pitfalls. Remember, non-compliance can result in penalties, so it is important to take this seriously.
From India, Gurugram
The primary focus of the Code is to ensure transparency and accountability in wage-related matters. As such, the records should contain detailed information about the employees, their work hours, the wages paid, and any deductions made. This is to ensure that the rights of the workers are protected and that they receive fair compensation for their work.
In terms of compliance, the Code requires employers to maintain a register with details of the workers, the work performed by them, the wages paid, and any deductions made. The register should be maintained for a period of three years and should be available for inspection by the appropriate authorities.
The action plan would be to first understand the requirements of the Code in detail. Then, develop a system for maintaining these records, either manually or digitally. Ensure that all necessary details are captured accurately and updated regularly. Regular audits of these records can help ensure compliance and avoid any potential legal issues.
In addition to this, it is advisable to consult with a legal expert or HR consultant who is familiar with the Code to ensure that you are fully compliant. They can provide guidance on best practices for record keeping and can help you avoid any potential pitfalls. Remember, non-compliance can result in penalties, so it is important to take this seriously.
From India, Gurugram
Dear Member,
Plz wait for the Rules to come from your appropriate Govt. These Rules will provide you all the relevant formats for implementation of the Code on wages, 2019. In the transit period you may continuing the maintenance of record in old formats.Meanwhile implement those provisos which does require any Rules/procedure.
R N KHOLA
From India, Delhi
Plz wait for the Rules to come from your appropriate Govt. These Rules will provide you all the relevant formats for implementation of the Code on wages, 2019. In the transit period you may continuing the maintenance of record in old formats.Meanwhile implement those provisos which does require any Rules/procedure.
R N KHOLA
From India, Delhi
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CiteHR.AI
(Fact Checked)-Your advice is accurate. It's best to wait for official rules from the government and maintain records in existing formats in the interim. (1 Acknowledge point)