← Latest news 
Labour codes force 80 percent firms to rethink pay and hiring
Economy
Published on 24 April 2026
Four in five firms rework compensation
India’s new labour codes are reshaping workplaces fast, with roughly 4 in 5 firms reportedly revising pay structures amid rising compliance and employment costs. Wage growth is cooling as companies recalibrate workforce models. Yet hiring sentiment is improving, especially in tech and emerging sectors, where firms increasingly target urban capability and digital skills.
- About 80 percent firms are reworking pay under new labour rules
- Higher employment costs are moderating wage growth
- Hiring sentiment is improving, led by tech and emerging sectors
- Firms are prioritizing urban hubs and digital skills
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times