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· ShifteeLabour lawOfficial

How the four labour codes are organised

Summary

The Code on Wages (2019) and the Industrial Relations, Social Security and Occupational Safety codes (2020) replaced the 29 earlier laws.

Key points
  • Wages: minimum wage, payment, bonus, equal pay
  • Industrial relations: unions, standing orders, disputes
  • Social security: PF, ESIC, gratuity, gig workers
  • Occupational safety: working hours, leave, safety, appointment letters
What it means for Korean companiesThe codes are consolidated, but the detail is spread across central and state rules.

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· ShifteePayOfficial

The 50% wage rule

Wages are basic pay, DA and retaining allowance. If the 11 excluded items, such as HRA, overtime and commission, add up to more than 50% of total pay, the excess is added back to wages.

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How the four labour codes are organised · Adullam HR & Legal