Why Every Business Needs Labour Law Consultants?
Staying compliant with the labour laws and regulations is essential for a growing business. Failure to adhere to legal aspects causes complexities and can incur a heavy number of penalties. Whether you are running a small business or MNC, ensuring that the employees are treated as per the labour law is essential. However, in the fast-paced business environment, looking after everything in detail and tackling challenges single-handedly becomes challenging.
This is when labour law consultants come into the picture. With their expertise, they guide and streamline your business legally. The importance of labour law consultancy for businesses in simplifying legal challenges. Hence, businesses can now hand over legal compliance responsibilities to consultants and stay worry-free about legal troubles and fines. To understand the importance of having a labour law advisor for your business, we have shared everything you need to know here.
Why Does Every Business Need Labour Law Consultants?
Understand The Complexity of Labour Laws
- While running a business in India, one must understand that our government has outlined specific laws and regulations related to labour and workplace practices. There are several state-wise labour laws and regulations that businesses must comply with without failure. Similarly, businesses should stay updated with the changing laws and regulations and implement them in their company.
- Staying compliant with these constant changes in laws and regulations becomes challenging for businesses. Hence, the need to hire a labour law advisor becomes prominent. Labour law consultants are updated with the newest changes in law and advise you accordingly to avoid any future penalties.
- Given an example, if you consider the Maternity Benefit Act, which talks about facilitating maternity leave and benefits for female employees, in recent years, the act has undergone amendments expanding the scope of benefits, which we are less aware of. In such cases, labour law consultants ensure that business policies are updated according to the law and avoid legal complexities.
Ensure Compliance in Recruitment and Employment
- Recruitment and employment procedures often have potential pitfalls, which commonly include discriminatory practices, ambiguous employment contracts, or anything else. To avoid such instances, hiring a labour law advisor is very important. They have the expertise to craft company policies that align with legal requirements. Hence, it saves businesses from experiencing costly penalties.
- For example, the law for the Prevention of Sexual Harassment in the Workplace is a critical area that needs careful attention. Here, labour law consultants guide businesses to create a comprehensive policy. Also, they conduct awareness programs and form an internal committee to address any issues related to sexual harassment. This practice not only ensures compliance with the law but also promotes a safe and inclusive working environment for employees.
Mitigating Risks in Wage and Benefits Administration
- Employee compensation is an essential aspect for businesses. Laws such as the Payment of Wages Act, Minimum Wages Act, and other wage-related acts direct how businesses should maintain an employee compensation structure. Failing to comply with these laws leads to financial liabilities and legal troubles. Here, labour law consultancy assists in creating a clear and transparent wage structure that complies with laws and regulations.
- For instance, the Equal Remuneration Act speaks about equal pay for equal work, irrespective of gender. Non-compliance with this act results in legal proceedings and reputational damage for the company. Here, labour law consultants help businesses perform regular audits to ensure the salary structures of employees comply with the law.
Addressing Workplace Safety and Health Standards
- Guaranteeing the safety of employees at the Workplace is paramount. Various acts, such as the Factories Act of 1948, the Building and Other Construction Workers Act of 1996 and many more, address employee safety and health. Non-compliance to these acts can lead to accidents, injuries, and legal consequences. Labour law consultancy helps businesses formulate robust safety protocols, conduct audits, and ensure compliance with relevant regulations.
- The Industrial Dispute Act of 1947 makes provision for the investigation and settlement of industrial disputes and other purposes. Failing to comply with this act results in prolonged legal battles and damage to the company’s reputation. Here, a labour law advisor plays a crucial role in guiding businesses through dispute resolution and helping facilitate friendly settlements.
Navigating Legal Landscape with Expertise
- Legal laws and regulations constantly change, and businesses must adapt and adhere to the changes swiftly and avoid any legal complications. Handing over the legal responsibilities to labour law advisors allows businesses to focus on the core operations and thrive in the market. Meanwhile, with their expertise and knowledge, labour law consultants handle the legal part of businesses, ensuring compliance.
- For example, the recent amendments in the Code of Social Security 2020 focus on several employee benefits. Legal law consultants play a major role in helping businesses understand these changes and implement them. This allows businesses to ensure comprehensive social security for their employees while complying with new regulations.
Boyen Haddin: Your Legal Partner for Labour Law Compliance in India
With 15+ years of experience in providing labour law compliance services, Boyen Haddin is one of the leading names in India. Our services include labour law advisory and compliance, contract staffing, permanent staffing solutions, temporary staffing solutions, and talent management. If you are looking to keep your business compliant with legal laws and regulations, contact Boyen Haddin experts!
