The Indian legal system has various laws and regulations in place to protect the rights of employees working in private companies. Some of the major laws are:
1. The Industrial Disputes Act, 1947: This act provides for the resolution of industrial disputes between employers and employees, including grievances related to terms and conditions of employment, layoffs, and retrenchment.
2. The Payment of Wages Act, 1936: This act governs the payment of wages to employees and mandates the timely payment of wages, mode of payment, and deductions that can be made from the wages.
3. The Employees’ State Insurance Act, 1948: This act provides for the social security of employees and their dependents by ensuring access to medical care, sickness benefits, and maternity benefits.
4. The Employees’ Provident Fund and Miscellaneous Provisions Act, 1952: This act mandates the creation of a provident fund for employees and their employers and regulates the administration of such funds.
5. The Minimum Wages Act, 1948: This act mandates the payment of minimum wages to employees in different industries and sectors.
6. The Sexual Harassment of Women at Workplace (Prevention, Prohibition, and Redressal) Act, 2013: This act aims to prevent sexual harassment of women at the workplace and provides for a mechanism for redressal of complaints.
7. The Maternity Benefit Act, 1961: This act provides for maternity leave and other benefits to women employees who are pregnant or have given birth to a child.
These laws ensure that employees in private companies are protected from exploitation, discrimination, and unfair labour practices, and that their rights are upheld by their employers.