B.C. Prabhakar, Chairman of BCP Associates and Pooja Prabhakar, CEO and Managing Partner of BCP Associates were invited by NHRD Bangalore Chapter to speak on the implementation of the new Labour Codes and their impact on the industry. In a concise and very well received presentation, Pooja focused on the Financial, Operational, Functional and Employee centric impacts
find what you’re looking for
Tag: wage code restructure
Most companies have been devising wage structure of their employees, basis their pay-out culture, employee category and at most, catering to tax implications on the employees. The usual norm has been to devise a Cost-to-Company structure, encompassing basic wages, variable pay-out, employee benefits and retirals. However, the same has not been free from loopholes, as regard compliance with various legislations concerning wages is concerned.