HR NEWS

Coming soon! Fixed-term jobs in all sectors

Coming soon! Fixed-term jobs in all sectors

The labour ministry will soon extend full-benefit fixed-term jobs, already a feature in the labour-intensive garment and leather industries, to most other sectors. The move will have multiple benefits: It would boost creation of “formal jobs”, reduce instances of informal hiring which continues to be the norm in the unorganised sector and spare businesses the undue burden of keeping regularised contract employment, while their labour requirements are actually seasonal.

Labour minister Santosh Kumar Gangwar told FE that a draft notification extending fixed-term employment — with benefits similar to the permanent workforce — to most sectors will be issued soon. The final order will be issued only after evaluating the comments from industry, trade unions and other stakeholders, he said. When asked whether the minimum period of fixed-term employment will be defined, the minister said these and other details were being worked out.

No specific period is currently defined for fixed-term either in the garment sector — where the facility was introduced in June 2016 — or in the leather industry, where such short-term jobs were allowed last week.

Of the country’s estimated 50 million workforce, hardly 10% is in the organised sector and entitled to social security benefits such as provident fund and benefits like defined working hours, minimum wages, allowances and other statutory dues. Unorganised sector workers are mostly deprived of these benefits. Legitimising fixed-term employment with all these benefits across industries is important to avoid unproductive disputes and litigation and could encourage formal employment over informal employment, analysts said.

A provision of fixed-term employment, which is essentially a closed-ended contract between the employer and the employee, is already there in the Industrial Disputes Act, but to make it more foolproof, the fixed-term provision will be brought under the Industrial Employment (Standing Orders) Act, 1946, through the notification.

Rituparna Chakraborty, co-founder and executive vice-president, Teamlease Services, said, “This move shall positively influence the economy as it shall create more formal jobs, side by side allay fears of the employers of the risk of permanency even while employing workers for project-based or limited duration requirements.”

Source: Financial Express

6 months ago

By Padkaneya


Social Share : Share      

Comments.....

Submit new comment

Most Viewed

Pearson slashes 3,000 jobs, reduces dividend in latest recovery push...

11 months ago

UPSC IFS Mains examination 2017 to be conducted from December 3, Detailed Applic...

9 months ago

637,000 new pilots required for airlines over next 20 years: Boeing...

11 months ago

All women crew flies Air India jet to Stockholm from Delhi, Jayant Sinha lauds n...

10 months ago

WhatsApp co-founder Brian Acton to leave company...

9 months ago

Gene therapy helps treat life-threatening skin disease...

7 months ago

Walmart gives workers a way to get paid earlier...

6 months ago

Wanted Admin Manager - NEXA/AUTOFIN LIMITED. Click here for more details...

7 months ago

Tata Steel Netherlands workers protest Thyssenkrupp merger...

8 months ago

Air India recruitment 2018: Job notification announced, 10th pass candidates, Gr...

6 months ago

Most Shared

Mass redundancies for Quebec cookie factory...

2 years ago

Trump this: 5 bold predictions for how he’ll impact HR...

2 years ago

InfoTycoon appoints existing President and COO Kevin George to succeed James Dav...

2 years ago

Sushant Dwivedy joins Aspiring Minds as SVP-Enterprise Client Solutions...

2 years ago

Uber introduces special reward programme...

2 years ago

Standard Chartered Bank to reduce 10% corporate & institutional banking staff...

2 years ago

National CineMedia (NCM) creates Affiliate Partnerships team, names Stacie Tursi...

2 years ago

OCC Names New CFO, Treasurer, and Chief Compliance Officer...

2 years ago

Beards at work are now a major turn-off say 61% of female office workers...

2 years ago

First female fast jet pilot of Britain hired as director at PwC...

2 years ago