Statutory Compliance Management

The statutes of labour laws are constantly changing and evolving, and it is of utmost important to keep updated with of all the latest amendments and ensure compliance. At Phoenix, we offer statutory compliance services that perfectly fit in your organization's requirements. It is absolutely important to comply fully with all legal and statutory norms if you want to operate successfully. This involves significant focus on resources, time, money, and continuous monitoring of all the amendments that are happening. Since the employment laws are continuously changing, it becomes a challenge for small and mid-sized companies to keep themselves compliant. What these organizations need is dependable service partner to comply with all the statutes timely.

If you outsource your statutory compliance function to Phoenix Worldwide, you can ensure compliance without having to hire and maintain a separate department for it.

Legal compliance against all applicable statutes:

  • Factories Act 1948
  • The Contract Labour (R&A) Act, 1971
  • Shop & establishment 1961
  • Industrial Disputes Act. 1947
  • Workmen Compensation Act 1923
  • Minimum Wages Act 1948
  • The Payment of Wages Act, 1936
  • The Payment of Bonus Act, 1965
  • The Payment of Gratuity Act, 1972
  • The Equal Remuneration Act, 1976
  • EPF and Miscellaneous Provisions Act, 1952
  • The Employee’s State Insurance Act, 1948
  • Standing Order Act 1946
  • Mathadi Act 1969

Benefits of outsourcing compliance

  • Sound corporate governance
  • A reduction in the labour overheads
  • Timely compliance and adherence to all statutes and labour laws
  • Complete and accurate maintenance all records that are relevant to compliance
  • No litigation and associated costs that may arise out of non-compliance

Our scope of work

  • Labour Law compliance Audit
  • Licence application/amendment/renewal
  • Maintenance of statutory registers, records, notices and returns
  • Liaison with Factories, Labour, ESI and PF authorities
  • Remittance of statutory payments
  • Continuous monitoring of contractor compliances

Once engaged, we conduct a one-time audit before the assignment to assess the current status. Afterwards, we prepare an audit report and submit to the client. This audit will indicate all the strong and weak areas in terms of compliance. Based on the audit findings and consultation with the client, we then take up the assignment to comply 100%

To know further, please schedule an appointment with us or write your query on Our business associate would contact you accordingly.