A recent report has brought to fore a critical employment trend in India, and an unrelated development regarding the proposed changes in the Industrial Code Relations Bill (2019) sets the tone for how workers will be hired in the future. Let’s take a closer look at the findings of the report and analyze the government’s proposal to update the existing labor laws.
What the report says
A recent report, titled “Emerging Employment Patterns of 21st Century in India”, authored by Laveesh Bhandari of Indicus Foundation and Amaresh Dubey of Jawaharlal Nehru University, discovered some interesting trends in the hiring patterns of India Inc1. The report, commissioned by the Economic Advisory Council (EAC) to the Prime Minister, analyzed employment data from three surveys of the National Sample Survey Organization and found that since 2012, the organized sector in India has been increasingly hiring casual (or non-contractual) workers. Furthermore, the report found that the rate of employment growth (0.8 percent) has been nearly half the rate of population growth (1.7 percent) over the same period.
Traditionally, the unorganized sector hires a higher number of casual workers as this employment is neither registered nor follows labor laws. However, as per the findings of the report, the number of non-contractual workers has been rising in the organized sector as well; their number rose from 2.44 crore in 2012 to 3.61 crore in 2018. In contrast, the number of contractual workers rose from 2.65 crores to 2.80 crores during the same period. This was one of the two studies commissioned by the EAC to dispel some confusion related to employment data. The other one was undertaken by Surjit Bhalla and provided conflicting results because it did not distinguish between the ‘organized and unorganized’ employment, Bibek Debroy, chairman of EAC, was quoted saying.
Bu hikaye People Matters dergisinin People Matters - February 2020 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye People Matters dergisinin People Matters - February 2020 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
How Digital Transformation Can Power The Great Reset
Technology has the potential to serve as the key enabler of change between digitalising administrative tasks and fostering human connections
The Crypto Meltdown Of 2022
FTX implosion: A setback, but not the end for the crypto market
Govern Pre-IPO Unicorns to Create Value; Not Valuation
Billion-dollar startups always make the headlines. But is there true value behind those eye-catching valuations? How can proper governance be implemented for these much-hyped companies?
On change and change management
The best way to end the year, especially such a disrupted one as 2022, is by laying the groundwork for the year to come. Michelle Yong, Head of Resourcing at Shell, offers some insights on change management to bring us forward into 2023
The Great Reconnection: A paradigmatic moment for employers and employees
This year has not been a good one for employee retention. The Great Resignation, originally thought to be a US phenomenon, has emerged in Asia now. But is there a way to turn it into the Great Reconnection?
Lessons Managing in leadership: a global hybrid team
What takeaways can we draw from the pandemic? Fatima Koning, Chief Commercial Officer at IWG, shares what the last five years have taught her about managing a global sales team across 120 markets in the hybrid model
Eight HR trends that we saw throughout 2022
As companies manage their workforces in a dynamic era, HR departments have continually adapted and adjusted, and never more than this year as digital acceleration and workplace evolutions came together
One way to turn the tide of employee retention
There's a surprising link between skill development opportunities and job satisfaction. Here are some ways of boosting skilling and thereby talent retention
A key focus for L&D going into 2023 should be business alignment
Venkat Subramaniam of Degreed believes that learning is core to business success and organisations need to invest in the right processes and technologies to adapt to continuous change
WOMEN IN LEADERSHIP CAN BE GAME GHANGER FOR INCLUSIVE FUTURE OF WORK
BREAKING FREE FROM THE STEREOTYPES IN THE INSURANCE SECTOR, PAMELA THOMSON-HALL SHARES HER JOURNEY OF BEING A CHAMPION FOR WOMEN AND BRINGING ABOUT A CHANGE IN A MALE-DOMINATED INDUSTRY
