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Those facing sex abuse charges not to receive Bonus
Why is it in news?
- The new Code on Wages rules lays down norms for annual bonus dues that accrue to employees.
Details:
- Those indulging in sexual harassment of any form could run the risk of losing out on bonus dues from their employers.
- The Code on Wages lays down norms for annual bonus by replacing the Payment of Bonus Act, 1965.
- The new Code includes ‘conviction for sexual harassment’ as a ground for denying bonus payouts to employees.
- As per the extant law, bonus dues are barred only in case of employees dismissed for fraud, violent conduct and theft or sabotage.