15 minutes of work beyond the working hours to be considered as overtime-New Labour Laws
-As per the new labour laws, people can work for 4 days /12 hours per day.
-The present overtime of 30 minutes will get reduced to 15 minutes.
The new labour laws will be implemented from the next financial year. The Ministry of Labour is about to finalise the new labour laws as per which a person will have the benefit of working for 4 days with 12 hour of work per day.
While finalising the process for new labour laws, the ministry is also trying to clear the doubts of people regarding the new laws. A recent development has also been made known which is likely to bring in more cheer to many.
The existing 30 minutes of extra work or overtime are likely to be reduced to 15 minutes, which means that if a person works for 15 minutes beyond the working hours it would still be considered as overtime. The company will pay its employees for this 15 minute-overtime.
The Ministry of Labour has consulted all the stakeholders regarding the new labour codes and the processing will complete by February end. Under the new law, the companies will have to ensure that its employees get all the facilities like the ESI (Employees’ State Insurance) and PF (Provident Fund). None of the companies can deny these facilities to its employees saying that it comes from a third party or a contractor. The employers will also ensure that people working under contract or a third party get full salary.