INTRODUCTION
Since 2011 many employment laws such as the Employment Act 1955 and the Children And Young Persons (Employment) Act 1966 had been amended or new provisions had been introduced. The Wages Councils Act 1947 is to be repealed and replaced by National Wages Consultative Council Act 2011. The Act came into force on 23rd September, 2011 as the mechanism for implementing the national minimum wage for workers of private sector with the objective of realizing a new economic model founded on high-income economy and improving the living standards of low income households. By virtue of subsection 23(1) of the Act, the Minimum Wages Order 2012 was gazetted on 16/7/2012, and it will come into effect on 1st of January, 2013. Moreover, the impending Minimum Retirement Age Bill may come into force very soon, most probably by next year. It is the paradigm shift in employment and workforce structure as well as our country’s economy.
It is important and of the benefits of the employers to comprehend fully the requirements as well as the implication of the new employment laws on the cost of wages, productivity, competiveness and other related subjects.
This program is specially designed to update the participants regarding the amendments and new provisions of the current employment laws and new employment laws which have been enforced lately or is going to be implemented very soon so that they will be able to strike a balance in implementing the requirements in an orderly manner without jeopardizing productivity and industrial harmony.
OBJECTIVES
At the end of this program the participants will be able to know the provisions and have the sound knowledge of the new requirements of the employment laws-
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for making proper adjustment in accordance with the new requirements under the Employment (Amendment) Act 2012 and the impending statutory minimum retirement age;
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for the readiness on potential wages restructuring to be in line with the implementation of statutory minimum wages,
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to prepare the estimated cost for implementing the Minimum Wages Order 2012; and
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to prepare possible work around and solutions in anticipation of industrial relations challenges from the implementation of the new requirements of the employment laws especially the statutory minimum wages and statutory minimum retirement age.
Who Should Attend?
CEO, Managers, HR Directors/Managers and officers, personnel from accounts department, heads of department, executives and those who are entrusted with the responsibilities of resources planning and strategy.
