The Islamabad Branch Council of ICMA International has announced an insightful seminar titled “Financial Impact of New Punjab Labour Code 2026” aimed at finance professionals, HR practitioners, employers, compliance officers, and business leaders across Pakistan.
The seminar will focus on the major financial, legal, and operational implications of the newly introduced Punjab Labour Code 2026, which consolidates more than 25 labour laws into a single unified framework. The new code is expected to significantly affect employer obligations, payroll structures, employee benefits, overtime calculations, compliance systems, and workforce management strategies.
The Punjab Labour Code 2026 introduces substantial reforms that directly impact businesses operating in Punjab. Organizations will need to reassess their:
Payroll budgeting
Overtime policies
Employee gratuity calculations
Social security contributions
Workplace compliance standards
Employee welfare and safety obligations
Experts believe the code will reshape employer-employee relationships and increase the need for stronger HR compliance frameworks.