consultantsreview logo

Consultants Review Magazine

The importance of Labour Law Consulting in today’s market

By Nisha Gaylord, Labour Law Compliance Consultant, Mynd Solutions

content-image

Nisha Gaylord, Labour Law Compliance Consultant, Mynd Solutions

Labour law consulting is important for business whether big or small. It gives companies the structure and order to ensure that business is done with ease. It monitors business owners to make live decisions in areas as important as payroll and book-keeping. Whatever field each business operates in, it should have a good idea of the provisions and implications of labour laws.

It is extremely important to go through the definition of Labour Law Consulting or Consultant .It simply means any person who advises or represents an employer, employer organization, or labour organization concerning employee organizing, concerted activities, or collective bargaining activities.

A labour consultant is an expert who offers professional or expert advice in labour and/or in labour related queries & who has great exposure of entire labour law related compliances .It is usually an expert or a professional in the labour field and has a wide knowledge in the subject matter.

Delivering quality services to members is one of the key value-added of the employer and business organizations. By providing services they help members-companies to cut transaction costs, optimize regulatory compliance and overall improve their performance, thus contributing to sustainability and growth of business. From the institutional perspective, it is an essential strategy to retain existing members and attract new ones leading to greater representativeness and influence.

The global economic changes affected the organizations representing and serving business, just as much as they affected businesses themselves. Employer and business associations are redefining their service strategies for a number of reasons. With the transformation of markets, the needs of member-companies have significantly changed, reflecting the shifts in virtually all aspects of doing business - production processes, workplace relations, management and administration etc. As a result of these transformations, businesses demand new services that will help them respond to market challenges. On the other hand, growing market competition from private service-providers consultancy firms, other associations and even highly-skilled individuals – are forcing organizations to make strategic choices, rethink old paradigms and innovate. The challenge of servicing a diverse membership - from large MNE's (that are less reliant on services) to SME's and micro-enterprises that place huge value on this offer - is also one of the factors influencing the re-thinking of the service role.

Entity owners are straight involved with labour hitches on a day-to-day basis. Labour consulting provides real assistance in staff related problems to create a productive and pleasant working environment. The labour ground is an ever changing environment; so all companies should adhere strictly to all the changes implemented by the department of labour. With labour consulting at hand, all companies should do their business with peace of mind. Without specialized labour consultancy, employers will find it difficult in legal conflicts with employees or trade unions, therefore resulting in a huge consequent financial risk.

Labour law consulting shapes the employers’ responsibilities. This incorporates important features like recruitment, hiring, training, retaining and dismissing of employees. The labour law maintains equality, and obliges companies to provide potential employees with chances regardless of differences in race, religion and sex among others. Basically, labour consulting assists as a guide in many important processes in the business structure.

Labor laws clarify and codify business owners’ obligations to their employees. The labor movement has a long history of lobbying for laws that protect worker’s rights, improve worker’s safety, prevent child labor and increase workers’ bargaining power relative to their employers. While labor laws might seem like a bureaucratic hassle for your business, these laws helps keep your employees safe, healthy and happy, and satisfied employees tend to be more productive, increases company relation, for example, employer and employee relations and reduces business disputes, protects workers from exploitation by the employers or management, minimizes labour unrest, Reduces conflicts and strikes by making the right consultation in time before it becomes a big problem & Fixes rest pauses and work hours.

The Indian labour law refers to the system of laws which governs and ensures just conditions of workers at workplace and protecting them from any kind of injustice or oppression that they might face by the senior officials or other colleagues. India is federal form of government and Labour lies under the concurrent List, which means that its jurisdiction lies under both the central and state governments.

Advice from the labour law consultant helps various organizations to understand the structure better. The provision of labour law services is closely linked to the mandate, role and influence of the employers’ organization. In many instances, the establishment of the employers’ organization had its origins in a desire by enterprise to influence the emergence of labour law regulation and to become informed on all issues relating to compliance. The issue of compliance is crucially important for the member enterprise. The risks are high for the company that gets it wrong or makes an error. Penalties include the possibility of state sanctions, costly litigation, damage to reputation and negative trade union activity within the organization.

Competitive pressures worldwide mean that, enterprise must bring every item of expenditure (including membership subscriptions) under scrutiny. Accordingly, the employers’ organization must strive to be relevant and provide obvious value in return for the subscription paid by the enterprise. So the development of relevant and useful labour law services for members can be a key to both attracting new members and retaining the existing base.

Magazine Current Issue