What is impact of new Labour codes

Question

Accepted Answer

The new Labour codes will have a significant impact on the HR and IR functions of organizations.

The codes will simplify and consolidate existing labour laws.
They will provide greater flexibility to employers in terms of hiring and firing employees.
The codes will also introduce new provisions for social security benefits and minimum wages.
They will require organizations to review and update their HR policies and procedures.
The codes will also increase the role of technology in HR and IR functions.
Overall, the impact of the new Labour codes will depend on how organizations adapt to the changes.

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