Labour Law is the body of laws, administrative rulings, and precedents that address the relationship between and among the employers, employees, and labour organizations often dealing with public law issues. The history of labour laws can be traced back to the history of British Colonialism.
It is a social act which was passed to strengthen the position of workers, who are working in the factories across the country.
Applicable to: -
The Act is applicable to all factories which have employed 10 or more workers on any day of the preceding 12 months, engaged in the manufacturing process being carried out with the aid of the power of 20 or more workers are employed in the manufacturing process being carried out without the aid of power. Important provisions in factories act, 1948 include Licensing of Factory, Health Provisions, Safety provisions, Welfare Provisions, Working Hours of Adults, Employment for young persons and Annual Leave with Wages.
Application and scope-
The Employees State Insurance Act, 1948 (ESI act), aids in financial backing and support to the working class in times of medical distress such as Sickness, Maternity Leave, Disorders (mental or physical), Disability and Death. The act is a self-financed initiative that serves as a social security scheme to prevent the working class from any financial problems arising out of the above medical issues.
The very purpose of unions in the labour market is to voice the issues faced by the workers in their employment, hence the role played by trade unions are critical is called collective bargaining. It’s a process by which the employees or the workers put forth their issues before the management or the employer. It’s usually done through the unions by placing the charter of demands before the employers. The issues are then negotiated and an agreement is reached, which becomes binding on the employer and all the workers.
Most of the functions they perform and negotiated upon often are: Securing better wages and benefits to workers, improving their bargaining power to create a field for the workers, supporting workers in disputes with the management through negotiations and strikes, Securing better working conditions for workers, Availing of better wages, compensation packages and social security benefits, Regularization of employment.
Thus, the final goal of Labour Laws is to bring both “employer and employee” on the same level thereby mitigating the differences between the two ever warring groups. For any service related to labour law compliances, reach us on our website bestlegalservices.in
