The four Labour Codes have been in the making for over a decade, but their implications for compensation design are only now coming into sharp focus for most organisations. The redefinition of “wages” under the Code on Wages — and its downstream effect on provident fund contributions, gratuity computations, and statutory bonus eligibility — means that salary structures built around traditional allowance strategies are under increasing pressure. For many firms, this is not a future compliance problem; it is an existing liability that surfaces most visibly during M&A due diligence, senior employee exits, or regulatory inspection. The question for CHROs and compensation leads is no longer whether to act, but where to start.

In this session, Kanishka Maggon will decode the practical architecture of compliant salary structuring — examining what the Labour Codes actually require, where existing structures most commonly break down, and how organisations can redesign compensation without disrupting their broader reward philosophy. Drawing on his experience advising domestic firms and multinationals including Accenture, Capgemini, BlackRock, ANZ India, Standard Chartered Bank and others on Labour Code implementation, Kanishka will ground the conversation in real-world decisions that HR and legal teams are navigating right now.