The Labor Code 2024 consolidates and simplifies various labor laws into four comprehensive codes. This update covers the key changes affecting employers and employees.
## Key Changes
1. **Working Hours**: Maximum 48 hours per week, with overtime provisions
2. **Leave Entitlements**: Enhanced leave benefits for workers
3. **Social Security**: Expanded coverage under social security schemes
4. **Dispute Resolution**: Simplified procedures for labor disputes
## Impact on Employers
Employers must:
- Review employment contracts
- Update HR policies
- Ensure compliance with new working hour regulations
- Update payroll systems for new calculations
## Employee Rights
Employees now have:
- Better social security coverage
- Enhanced leave benefits
- Improved dispute resolution mechanisms
- Protection against unfair labor practices