Given the notification (attached) of wages increase from INR 10000 to INR 15000 w.e.f. 1st May 2010, please share what your organization plans to do:
a) Continue with Health Insurance for eligible employees
b) Delete Health Insurance cover for eligible employees
c) Increase salary of employees to ensure most move above INR 15K eligibility to reduce costs and better benefits
d) Combination of a) and c) above
e) Combination of b) and c) above
f) Any other please specify
Also please share your responses as below:
1. Your organizations' industry:
2. Type of organization: eg. Indian or MNC
3. No. of Eligible ESIC Employee: as per new notification
4. Plan to go with option: a / b / c / d / e/ f
If (f) option, please specify:
As most organisations will think of next steps, this will help all of you to benchmark options and decide what the trend.
Trust you will participate in good numbers.. and help all HR folks of this forum..
From United States, Lincolnshire
1a) Continue with Health Insurance for eligible employees
b) Delete Health Insurance cover for eligible employees
c) Increase salary of employees to ensure most move above INR 15K eligibility to reduce costs and better benefits
d) Combination of a) and c) above
e) Combination of b) and c) above
f) Any other please specify
Also please share your responses as below:
1. Your organizations' industry:
2. Type of organization: eg. Indian or MNC
3. No. of Eligible ESIC Employee: as per new notification
4. Plan to go with option: a / b / c / d / e/ f
If (f) option, please specify:
As most organisations will think of next steps, this will help all of you to benchmark options and decide what the trend.
Trust you will participate in good numbers.. and help all HR folks of this forum..
From United States, Lincolnshire
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ESIC Wage Limit Increased.JPG