After almost a five-year wait, the new Labour Codes in India have finally been implemented, effective November 21, 2025. This represents one of the most significant reforms in recent years, aiming to simplify and harmonize labour laws across the country. While some operational procedures are still being framed, companies must begin their transition process immediately.
At WTW, we have prepared a detailed note that provides a refresher on some of the key changes and outlines the likely implications for compensation structures, retirement benefits, group health, and other employee benefits. Our insights are drawn from extensive experience working with leading companies and comprehensive survey responses.
Key implications and insights:
Our recent State of Retirement Survey 2024 revealed that while about 50% of companies have assessed the financial impact, many are still determining how to adjust their compensation structures. This note aims to provide clarity and guidance during this transition.
To understand the full scope of these changes and their potential impact on your organization, we encourage you to read our comprehensive note available in the Download PDF section.
For more information, please reach out to your WTW consultant or write to us at wtwindia@wtwco.com.
This note should not be considered as formal legal or tax advice. This view is subject to the interpretation of the concerned regulatory authorities.
| Title | File Type | File Size |
|---|---|---|
| Labour Codes – Impact on compensation structure and benefits | 3.4 MB |