Wages Reg. I & 13 (Cont.) OSHWC/Wage Code

Description

Wages Reg. I & 13 (Cont.) – OSHWC / Wage Code is an essential compliance register designed to meet the statutory requirements under India’s new labour law framework. This register is specifically structured to help organizations maintain proper wage records in accordance with the Code on Wages and the Occupational Safety, Health and Working Conditions Code (OSHWC Code).

The Code on Wages consolidates multiple wage-related laws and mandates proper documentation of wage payments, deductions, bonuses, and employee compensation, ensuring transparency and compliance across all establishments.
Similarly, the OSHWC Code regulates working conditions, safety standards, and wage-related provisions for employees, requiring employers to maintain structured registers and records.

This register helps businesses maintain all necessary wage-related data such as employee details, wage periods, basic pay, allowances, overtime, deductions (EPF, ESIC, taxes), and net payments. Maintaining such registers is crucial for labour inspections, audits, and legal compliance, as prescribed under the latest central rules.

Key Features

• Designed as per Wages Register Format (Reg. I & 13 Continuation)
• Covers requirements under Code on Wages
• Complies with OSHWC Central Rules, 2026
• Records:
  • Employee details and designation
  • Wage period and working days
  • Basic wages, DA, allowances
  • Overtime and total earnings
  • Deductions (PF, ESIC, Income Tax, etc.)
  • Net payable wages and payment details
• Suitable for factories, contractors, construction sites, and all establishments
• Ideal for HR professionals, compliance officers, auditors, and business owners

Why This Register is Important

Under the new labour codes, employers are legally required to maintain wage registers and ensure timely and accurate wage payments. The law also enforces minimum wages, prohibits discrimination, and regulates wage structures across India.

Using a properly formatted wage register like this ensures:

• Full legal compliance
• Easy labour audit readiness
• Accurate employee wage tracking
• Reduced risk of penalties and non-compliance

Who Should Use This?

• Contractors and subcontractors
• Factory owners and manufacturers
• Construction companies
• HR & payroll departments
• Labour law consultants and compliance firms