Budget 2024: How Simplifying Labour Laws Could Revolutionize HR and Job Opportunities

Discover how potential labour law simplifications in Budget 2024 could revolutionize the HR industry, creating new prospects for professionals and job seekers.
Mint 16-Jan-24

As Budget 2024 approaches, Erekrut shares insights on how proposed reforms could transform the HR sector. Simplifying labour laws is essential to adapt to modern workplaces that favor flexibility and remote work. "The sector anticipates reforms that simplify laws, making them adaptable to today's work dynamics," says Dr. Ravinder Goyal, Co-Founder of Erekrut. Erekrut also emphasizes the need to refine Provident Fund (PF) and Employee State Insurance (ESI) schemes to reduce administrative challenges and enhance HR efficiency. Additionally, they advocate for enhanced tax incentives for employee training and development. This initiative would empower professionals to acquire vital skills like Artificial Intelligence (AI) and Business Intelligence (BI), fostering a more skilled and competitive workforce. To learn how these changes could reshape your HR career and open new opportunities, read the full story below 

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