If an employee quits, is fired or terminated for any reason, the company will have to pay the full dues within two working days.
New Labour Code: Employers must pay salaries by 7th: The government’s new labour code provides greater clarity to salary related provisions than the previous framework. As per the new labour code, monthly salaried employees are entitled to receive their wages by the 7th of the following month.
The law also extends protections for the timely payment of wages to all employees, irrespective of salary, replacing the earlier framework that applied only up to a specified wage ceiling. It further provides a mechanism for employees to seek redress for delayed wage payments or unauthorised deductions. Apart from this, if an employee quits, is fired or terminated for any reason, the company will have to pay the full dues within two working days.
Weekly wage earners must pay by the last working day of the week. Those receiving salary on 15 day basis will have to pay within two days after the expiry of the 15 day period. Those working on daily wages will be paid for the same day after the work is over.
If a company does not pay wages on time or deducts money from an employee’s salary without permission, the employee can file a complaint. For this, the government will appoint an inspector-cum-facilitator, who will ensure that the company follows the rules. The employee can file his complaint within three years. If, after inquiry, the concerned officer orders the company to pay salary or compensation and the company still fails to pay, the government can recover the amount as land revenue.
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