Hi all,
Please let me know the amount of "employer's ESIC" deducted from employees' salary or if the employer pays the amount from their side. Basically, I wanted to know if the CTC contains the employer's ESIC contribution as well, and whether the employer's ESIC is paid by the employees only.
From India, Patna
Acknowledge(0)
Amend(0)
Please let me know the amount of "employer's ESIC" deducted from employees' salary or if the employer pays the amount from their side. Basically, I wanted to know if the CTC contains the employer's ESIC contribution as well, and whether the employer's ESIC is paid by the employees only.
From India, Patna
Acknowledge(0)Amend(0)
Hi,
Employer contribution is 4.75% of the gross salary of the employee. Employee contribution is 1.75% of his gross salary. Nowadays, many corporate companies follow the concept of CTC wherein whatever contribution paid by the employer on behalf of the employee is added to the employee's CTC. It is wrong only if it is part of the gross salary.
From India, Madras
Acknowledge(0)Amend(0)
1015Employer contribution is 4.75% of the gross salary of the employee. Employee contribution is 1.75% of his gross salary. Nowadays, many corporate companies follow the concept of CTC wherein whatever contribution paid by the employer on behalf of the employee is added to the employee's CTC. It is wrong only if it is part of the gross salary.
From India, Madras
Acknowledge(0)Amend(0)Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.
HR Concern for Employer n Employee.doc
INCLUDE WASH CTC OF EMPLOYEE.xls
Contract employee & Principal employer 2017.pdf