Firms can now convert permanent jobs into fixed-term contracts

The Industrial Relations (IR) Code, 2020, notified on September 29, has allowed companies to hire contract workers directly through fixed-term contract, known as fixed-term employment

Topics
labour Law | labour reforms | Indian companies

Somesh Jha  |  New Delhi 

The Union government has done away with the safeguard provision that deterred employers from converting permanent jobs into fixed-term contracts, as part of the new labour laws notified last week. The Industrial Relations (IR) Code, 2020, notified on September 29, has allowed companies to hire contract workers directly through fixed-term contract, known as fixed-term employment.

Earlier, firms had to go through a contractor to hire contract workers — seen as an expensive and cumbersome process. Fixed-term contract workers are entitled to receive all statutory dues that ...

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First Published: Mon, October 05 2020. 06:10 IST
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