After the Centre on Friday implemented the long-pending four labour codes, the industry said the new norms could help accelerate formal job creation and the widening of the social security net, but much depends on how the states implement the norms. Expressing keen interest in new labour codes, Director-General of the International Labour Organisation, Gilbert F. Houngbo, in a social media post, said social dialogue among government, employers and workers will remain essential as reforms are implemented to ensure they’re positive for workers and business. The key areas of impact which employers should prepare for include mandatory annual health check-ups, gratuity entitlement for fixed-term employees, social security benefits for gig and platform workers, and stricter requirements around timely wage disbursement, Akhil Chandna, partner, Global People Solutions Leader, Grant Thornton Bharat, said. “Although the industry had anticipated a transition period, the notification makes the implementation immediate. Employers across sectors should therefore promptly assess and align their internal policies, HR practices, and operational processes with the applicable provisions of the Codes. A review of compensation and benefits …