Employing Contract Labour is a traditional strategy. Upon introducing latest financial rules, this has become more important
In current scenario as well as in business arena, it is the most preferred aspect. Employers from different domains are dependent upon this workforce for sustaining, and as Principal Employers, they must take superior care upon engaging contractors. Apart from being experts, they must ensure that contractors employed are equally proficient.
Various crucial activities:
- 1. Payment of basic salaries for contract labours
- 2. On-time payouts of basic wage, bonus, leave payments, etc
- 3. Record maintenance, registrations, forms & notices as per different legislations
- 4. Compliance as per the BOCW Act and ISMA Act
- 5. Accident concerning compliance for contract workers
- 6. Retirement or terminal advantage for contract workers
- 7. Maternity advantages for contract labours
- 8. Registration & license according to Contract Labour Regulation and Abolition Act
- 9. Remittances of ESI, EPF & LWF contributions for contract workers