In case an employee’s salary increases above Rs. 15,000/- for only 3 months in a year due to increased wages paid on account of higher productivity, will he cease to enjoy ESI benefits.”
From India, Delhi
From India, Delhi
Dear Meenu
In case an employee’s salary increases above Rs. 15,000/- for only 3 months in a year due to increased wages paid on account of higher productivity, then employee will enjoy ESI benefits upto contribution period (means till 30th April & 30th September) and the management has to deposit his contribution atleast on Rs. 15,000/-.
From India, Gurgaon
In case an employee’s salary increases above Rs. 15,000/- for only 3 months in a year due to increased wages paid on account of higher productivity, then employee will enjoy ESI benefits upto contribution period (means till 30th April & 30th September) and the management has to deposit his contribution atleast on Rs. 15,000/-.
From India, Gurgaon
Dear SIr,
I Have started asmall bussiness in hyderabd with around 10 employees and would like to open the an account of ESI & PF in hyderabad can you please suggest me how to go forward for this.
Regrads,
Md Younus
From India, Bangalore
I Have started asmall bussiness in hyderabd with around 10 employees and would like to open the an account of ESI & PF in hyderabad can you please suggest me how to go forward for this.
Regrads,
Md Younus
From India, Bangalore
If anyone gets increament only for 3 months and his/her wages goes beyond Rs.15000/-, first we will have to see at which month his/her salary increased, if it increased in the middle month like May, then he will be under ESI as he has already contributed his April month ESI contribution and from May, ESI will be deducted from his/her salary on full wages, not on Rs.15000/-
From India, New Delhi
From India, New Delhi
Meenu, is this higher wages productivity linked bonus or a permanent increase in the wage rate payable to the employee ?
From India, Mumbai
From India, Mumbai
Hi,
Short term enhancement shall not be consider your normal increment. Once your contribution is running on within contributing period automatically it shall be continued till end of contribution period.so question does not arrise to waive up.
From India, Calcutta
Short term enhancement shall not be consider your normal increment. Once your contribution is running on within contributing period automatically it shall be continued till end of contribution period.so question does not arrise to waive up.
From India, Calcutta
Dear Meenu,
what i understand by your statement that an employee has offered an enhancement due to productivity. It means the rise is not in form of increment. His/Her rate of salary is stable or say constant. In this situation one can not said to be an uncovered employee from the ambit of an act. You should have to deduct contribution on all the emoluments including productivity bonus, or otherwise u have to pay the productivity bonus in the form of incentive having gap for three months.Then it will not come within the purview of an act.
regards,
KIRAN KALE
From India, Kolhapur
what i understand by your statement that an employee has offered an enhancement due to productivity. It means the rise is not in form of increment. His/Her rate of salary is stable or say constant. In this situation one can not said to be an uncovered employee from the ambit of an act. You should have to deduct contribution on all the emoluments including productivity bonus, or otherwise u have to pay the productivity bonus in the form of incentive having gap for three months.Then it will not come within the purview of an act.
regards,
KIRAN KALE
From India, Kolhapur
Dear Md. Younus,
Your information is very short to explain the right opinion or advice.
If your business is a manufacturing unit then ;-
on using power your unit will be covered under ESI Act, but will not covered statutorily under EPF & MP Act as it required 20 employee in the unit.
Even though, you can apply for the coverage u/s.1(4) of the act voluntarily.
Suppose your unit is a shop or commercial establishment then provision of ESI act will be changed as the said act required 20 employee for coverage and there is no such a provision to cover the unit voluntarily as compare to EPF Act.
Regards,
KIRAN KALE
From India, Kolhapur
Your information is very short to explain the right opinion or advice.
If your business is a manufacturing unit then ;-
on using power your unit will be covered under ESI Act, but will not covered statutorily under EPF & MP Act as it required 20 employee in the unit.
Even though, you can apply for the coverage u/s.1(4) of the act voluntarily.
Suppose your unit is a shop or commercial establishment then provision of ESI act will be changed as the said act required 20 employee for coverage and there is no such a provision to cover the unit voluntarily as compare to EPF Act.
Regards,
KIRAN KALE
From India, Kolhapur
Hi,
I have total 5 yrs of experience in admin and secretarial work and i have 2 yrs of experience in HR. recently i have completed mba in hr. i want to choose payroll process because i am good in advance excel, pf, esi, tds and income tax. kindly suggest me for a payroll executive what things are required. what is the salary package in this field.
From India, Delhi
I have total 5 yrs of experience in admin and secretarial work and i have 2 yrs of experience in HR. recently i have completed mba in hr. i want to choose payroll process because i am good in advance excel, pf, esi, tds and income tax. kindly suggest me for a payroll executive what things are required. what is the salary package in this field.
From India, Delhi
hi
Kiran is correct. an employee will be exempted from ESI only if there is any increase in his monthly salary by the way of increment, revision etc. in that case too, till the contribution period is over, an employee have to pay / remit his / her contribution to ESI corporation
R devarajan
From India, Madras
Kiran is correct. an employee will be exempted from ESI only if there is any increase in his monthly salary by the way of increment, revision etc. in that case too, till the contribution period is over, an employee have to pay / remit his / her contribution to ESI corporation
R devarajan
From India, Madras
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.