Hello, I am Hetal Maliya. I am seeking guidance on PF and ESIC forms and details, as well as how to design a salary structure incorporating these compliance requirements for a Real Estate company. I am currently employed by a Real Estate company.
From India, Mumbai
From India, Mumbai
Dear Hital,
I am also working in a construction company. The following acts are applicable for the construction industry:
1. Shop & Establishment Act,
2. BOCW Act,
3. PF Act,
4. ESIC Act,
5. Bonus Act,
6. Gratuity Act, etc., are applicable. For free advice, you can contact me at 09934584191.
Praveen B
From India, Bangalore
I am also working in a construction company. The following acts are applicable for the construction industry:
1. Shop & Establishment Act,
2. BOCW Act,
3. PF Act,
4. ESIC Act,
5. Bonus Act,
6. Gratuity Act, etc., are applicable. For free advice, you can contact me at 09934584191.
Praveen B
From India, Bangalore
Hi Hetal,
The compliance depends on the type of employees in your organization and also the role you are handling. As for an HR person, various acts and laws applicable to employees have already been pointed out by Praveen. You need to go into details of these various acts and rules. It is advisable to appoint a consultant to comply with various acts and rules.
When defining the salary structure, you need to take care of the Minimum Wages Act (state-wise), PF Act, ESIC, and Gratuity Act. Please let us know if you need any help with calculations.
Cheers!!!
From India, New Delhi
The compliance depends on the type of employees in your organization and also the role you are handling. As for an HR person, various acts and laws applicable to employees have already been pointed out by Praveen. You need to go into details of these various acts and rules. It is advisable to appoint a consultant to comply with various acts and rules.
When defining the salary structure, you need to take care of the Minimum Wages Act (state-wise), PF Act, ESIC, and Gratuity Act. Please let us know if you need any help with calculations.
Cheers!!!
From India, New Delhi
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