The wage code applies to every employee in India regardless of their employer, so international businesses will see an impact on the salaries and employment practices. It also creates additional legislation that will have a knock-on effect for international payroll, with training and roll-out of the new wage code best practice for HR and payroll teams. For organisations entering the Indian labour market, or those with an existing presence, now could be a good time to partner with an international payroll specialist in India. As well as ensuring the new wage code is adhered to and the systems in place are compliant, local experts will help to guide decisions when it comes to potentially increasing salaries to mitigate the decrease in base salary, or the implementation of supporting benefits and their taxation implications. Either way, the new wage code will require additional attention to ensure teams are paid accurately and to avoid associated fines for incorrect calculations that are not aligned to the wage code.