Applicability of esi

It is wrong. ESI is applicable for them because ESI gives more benefits which Mediclaim does not give.

Regards.... 

Kindly look into the attachments.

Mediclaim/Group mediclaim is valid till the last day of employment only.

ESIC:

Offers a special package of full medical care to retired/disabled insured
persons for self and spouse for a nominal contribution of Rs.120/- per annum.

is applicable to dismissed employee

Employer not to dismiss or punish employee during period of sickness, etc.

 Rise and get your ESIC coverage. If the employer is adamant, report the employer to ESIC.

Hi,

Can any body explain me the ESI calculation criteria. On which salary ESI amt would be deducted:

1.  Gross salary,

2.  Basic salary,

3.  Net salary take home or

4.  CTC.

Please tell me i am confused between all this.

Your company/employer/HR shall be happy to clarify.Pls get in touch with them.In case there are variances noted by you, visit the ESIC office located in your city.

As per Section 2(22) of ESI Act, Wages means all remuneration paid or payable in cash to an employee. This includes HRA & conveyance as well.

For ESIC you have to consider all the fixed components of your monthly salary. You should not include any variable components.

ESI is calculated on gross i.e. basic, DA, HRA, Conveyance and any other components as part of salary

Variable components like OT to be included for payment of ESI deduction but not for the eligibility clause.

Excludes washing allowance if any from the gross