Close Menu
    Facebook X (Twitter) Instagram
    • Our Story
    • Partner with us
    • Reach Us
    • Career
    Subscribe Newsletter
    HR KathaHR Katha
    • Exclusive
      • Exclusive Features
      • Perspectives
      • Friday Features
      • herSTORY
      • Case-In-Point
      • Point Of View
      • Research
      • HR Pops
      • Dialogue
      • Movement
      • Profile
      • Beyond Work
      • Rising Star
      • By Invitation
    • News
      • Global HR News
      • Compensation & Benefits
      • Diversity
      • Events
      • Gen Y
      • Hiring & Firing
      • HR & Labour Laws
      • Learning & Development
      • Merger & Acquisition
      • Performance Management & Productivity
      • Talent Management
      • Tools & Technology
      • Work-Life Balance
    • Special
      • HR Forecast 2026
      • Cover Story
      • Editorial
      • HR Forecast 2024
      • HR Forecast 2023
      • HR Forecast 2022
      • HR Forecast 2021
      • HR Forecast 2020
      • HR Forecast 2019
      • New Age Learning
      • Coaching and Training
      • Learn-Engage-Transform
    • Magazine
    • Reports
      • Whitepaper
        • HR Forecast 2024 e-mag
        • Future-proofing Manufacturing Through Digital Transformation
        • Employee Healthcare & Wellness Benefits: A Guide for Indian MSMEs
        • Build a Future Ready Organisation For The Road Ahead
        • Employee Experience Strategy
        • HRKatha 2019 Forecast
        • Decoding and Driving Employee Engagement
        • One Platform, Infinite Possibilities
      • Survey Reports
        • Happiness at Work
        • Upskilling for Jobs of the Future
        • The Labour Code 2020
    • Conferences
      • Leadership Summit 2025
      • Rising Star Leadership Awards
      • HRKatha Futurecast
      • Automation.NXT
      • The Great HR Debate
    • HR Jobs
    WhatsApp LinkedIn X (Twitter) Facebook Instagram
    HR KathaHR Katha
    Home»News»IR & Labour Laws»15 days’ notice for lay offs, 60 for retrenchment
    IR & Labour Laws

    15 days’ notice for lay offs, 60 for retrenchment

    HRK News BureauBy HRK News BureauNovember 2, 2020Updated:November 2, 20202 Mins Read11712 Views
    Share LinkedIn Twitter Facebook WhatsApp
    Share
    LinkedIn Twitter Facebook WhatsApp

    Ministry of Labour and Employment has put forward the draft rules for the Industrial Relations Code, wherein it has suggested that industrial establishments should give 15 days’ notice before laying off workers, 60 days’ notice before retrenchment and 90 days’ notice before closure, even while the establishments seek the Government’s approval for their actions.

    Earlier, the IR Code, which was passed in the Parliament along with social security code and operational safety and health (OSH) code gave the states the power to allow industries with up to 300 workers on the rolls to lay off, retrench or even close the establishment without prior permission.

    The draft rules seek public feedback, and have been put out for the same for a month.

    The rules also propose electronic ways of communication, including an electronic register for standing orders for all industrial establishments. However, the draft rules do not define a model standing order. Instead, it has been left to the state governments to draw up their own rules for trade unions, as well as rules pertaining to utilisation of funds, political contributions, negotiating councils and so on.

    As per the draft rules, employers who retrench workers will have to electronically transfer an amount equivalent to 15 days of wages to the account maintained by the Centre, within 10 days. This amount will then be made available to the retrenched workers within 45 days, to be used for reskilling purposes.

    draft rules for closure Industrial Relations Code Labour Codes Layoff Notice Period tretrenchment
    Share. LinkedIn Twitter Facebook WhatsApp
    HRK News Bureau

    1 Comment

    1. Mukund Gadekar on July 27, 2021 5:16 pm

      My employer ask to to come 3 days in a week. Now I will eligible for lay off compensation for remaining days ? I will get my yearly paid leave or lay off affected on yearly paid leave ? Gratuity calculated on last drawn salary means actual salary or average salary or basic+day fixed. (means if the employee work 2 days and retired then his last pay is 2 days. on this basis gratuity calculate ?) Would like to know .

      Reply
    Leave A Reply Cancel Reply

    Related Posts

    Intel plans fresh layoffs in data centre business amid ongoing restructuring

    July 21, 2026

    Deloitte consultant quits after 10 years, cites burnout, long hours and limited career rewards

    July 21, 2026

    Tata Steel to create 2000 jobs in Jharkhand by 2028

    July 21, 2026

    EPFO pulled up for shortchanging pension

    July 21, 2026
    zoha
    Editorial

    India’s IT services industry built the talent. Its biggest clients are now hiring it directly through GCCs

    Something significant is happening to India’s technology workforce in 2026. Most people are describing the…

    The interview was never measuring what we thought it was

    I was speaking recently to the HR Head of a mid-sized IT company about hiring.…

    EDITOR'S PICKS

    Newgen’s AI strategy starts with people, not technology  

    July 21, 2026

    Ghost jobs: The phantom listings that haunt modern hiring

    July 21, 2026

    India’s IT services industry built the talent. Its biggest clients are now hiring it directly through GCCs

    July 20, 2026

    POV: Should organisations hire for adaptability over expertise?

    July 20, 2026
    Latest Post

    Intel plans fresh layoffs in data centre business amid ongoing restructuring

    News July 21, 2026

    Intel is preparing another round of job cuts, this time in its Data Centre Group…

    Deloitte consultant quits after 10 years, cites burnout, long hours and limited career rewards

    News July 21, 2026

    A senior technology consultant has resigned from Deloitte after spending a decade with the firm,…

    Hyper gets Vineet Gambhir as CHRO

    Movement July 21, 2026

    Hyper, a US-based digital infrastructure partner specialising in mission-critical data centre solutions, has appointed Vineet…

    Tata Steel to create 2000 jobs in Jharkhand by 2028

    Expansion July 21, 2026

    Tata Steel is set to make a Rs 10,000 crore investment in Jharkhand over the…

    Asia's No.1 HR Platform

    Facebook X (Twitter) Instagram LinkedIn WhatsApp Bluesky
    • Our Story
    • Partner with us
    • Career
    • Reach Us
    • Exclusive Features
    • Cover Story
    • Editorial
    • Dive into the Future of Work: Download HRForecast 2024 Now!
    © 2026 HRKatha.com
    • Disclaimer
    • Refunds & Cancellation Policy
    • Terms of Service

    Type above and press Enter to search. Press Esc to cancel.