Post by TeamLease Services Limited

50% wage rule set to reshape salary structures and compliance costs "The 50% wage rule under the new labour codes require that basic pay and dearness allowance (DA) together make up at least 50% of an employee’s total salary...,” Balasubramanian Anantha Narayanan, SVP & Business Head, TeamLease Services Limited, has been quoted in moneycontrol.com. Read More: https://lnkd.in/gXD2Nyzd #labourcodes #wagerule #payrollstrategy #compliance #epf #gratuity #hrstrategy #puttingindiatowork #teamleaseservices