Retrenchment Planned? Don’t Overlook the Worker Re-skilling Fund

“We have calculated notice pay, retrenchment compensation and other dues. Is there anything else to consider?” Before approving the settlement, check whether the Worker Re-skilling Fund contribution applies. This requirement under the Industrial Relations Code, 2020 deserves a separate place in the retrenchment checklist. Does it apply to every establishment? Not automatically. Section 83 concerns an employer of an i…