Warning: preg_replace(): Empty regular expression in [path]/showthread.php on line 2381

Warning: preg_replace(): Empty regular expression in [path]/showthread.php on line 2381

Warning: preg_replace(): Empty regular expression in [path]/showthread.php on line 2381
If A Employee Wants To Keep Continue ESIC Contribution And Benefits After Out Of Salary Coverage Of ESIC. - CiteHR

No Tags Found!

SH

Shai89308

Executive Hr

AS

Ammu Shanvi

Human Resource

GS

G SHASHI KRISHNA

Senior Manager - Hr

AH

Aizant HR

Human Resources

MA

MARSHAL

Safety Officer

AK

Anish Katoch

Hr Executive

PR

PranjalR

Hr Recruiter

AP

Alka Pal

Hr Executive

Karthikeyan8195

Management Consultant

MK

Mohit Kumar Puri

Head Marketing

AU

Austex

Accounts Manager


deepak_2006
8

Dear Seniors,
Greetings for the day,
In my company One employee is out of the salary limit of ESIC Coverage, but he wants to keep continue his ESI benefits and contribution. He is a Sr. Electrician working in our company, as his working profile is also required these type of benefits. so company is also interested to keep continue him in ESIC. Is it possible to keep a person in ESIC after he is out of coverage from ESIC because of his salary? If yes than as a HR what are the formalities and procedures I have to complete to keep him in ESIC?
Thank You
Warm Regards
Deepak Agarwal

From India
tsivasankaran
366

It is not possible to cover a person under ESI if his salary crosses the limit. Once an Employees is out of ESI, he gets covered under Employees Compensation Act and you can take an Insurance Policy. For other medical needs, Organisations take up Medical Insurance with limits.
Please remember ESI Act does not provide for any Voluntary inclusions.

From India, Chennai
yogesh.kanahalli
ESIC is purely for social security purpose, the workers or employees who are getting minimum wages and other allowances up to 15000/- are benefited. if any workers earning more than 15k, it means he/she capable to bare the medical uncertainty, and he/she can benefited by other medical benefits provided by the company.
Yogesh kanahalli

From India, Bangalore
sibabrata.majumdar
80

Dear Agarwal,
In accordance with ESI Act, it will not be possible for you to keep the electrician (employee) covered under the ESI scheme since his salary exceeded Rs.15,000/ per month.
Regards,
Sibabrata Majumdar
Management Consultant Legal & HR
Kolkata,9830023706

From India, Calcutta
Alphonse
161

Dear Friend
As our friends telling it is not possible to continue after the wage limit. But do not worry. The ESI Corporation is planning to enhance the wage limit from 15 k to 25 k with effect from 1th April 2014. If it is implemented u r problem will be solved
Regards
Alphonse

From India, Madras
sibabrata.majumdar
80

Dear Friend
If the wages limit is increased to 25 K per month , the problem being faced by my friend will be solved without saying. But at the moment his problem will remain unsolved. Let us wait for issue of notification by ESIC regarding implementation of the amended law.
I understated after interaction with a few employers that they are not at all happy if the wages ceiling is enhanced which is under consideration.
In the competitive era, it will be difficult on the part of small /medium industries to survive as this will be one of the factors to increase in manufacturing cost and /or service cost.
However , all depends on Government Policy.
Regards,
Sibabrata Majumdar
Management Consultant Legal & HR
Kolkata,Mb:9830023706

From India, Calcutta
R K GOEL
Dear Sir,
Two three employees in our organization during April-2014, cross the salary for ESI Limit. of Rs. 15000/-
What remarks we mention because in ESI Portal they do not mention out of coverage.
Pl advise what reason we will mention for further not ded & deposit ESI
Pl advise
Regards
R K GOEL
Indfos
9871387739

From India, New Delhi
Suresh Urjapu
2

In a meeting held yesterday, the ESIC board also decided to give an option to existing insured persons to continue membership even if their wage breaches the ceiling of Rs 21,000 per month.
At present, all those insured under the ESIC scheme lose their membership of ESIC as well as that of the insurance cover if their wage overshoots the ceiling. "ESIC has raised the threshold wage limit from Rs 15,000 to Rs 21,000," Labour Minister told PTI after the board meeting of ESIC here. Labour Minister is the Chairman of the ESIC Board.

From India, Hyderabad
Find answers from people who have previously dealt with business and work issues similar to yours - Please Register and Log In to CiteHR and post your query.




About Us Advertise Contact Us Testimonials
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.