Compliance to follow while hiring a management trainee. Is PF and ESI mandatory for management trainee position?
From India, New Delhi
From India, New Delhi
YES. Only apprentices engaged following the Apprentice Act, 1961 are excluded from the coverage of ESI and EPF. All other trainees will be covered by all statutory social security schemes subject to the wage ceiling mentioned in each scheme. That is if the salary is above Rs 15000, obviously, they can be excluded. Still, if any management trainee is already a member of PF, he should be given coverage. Similarly, if the salary is more than Rs 21000, they can be excluded from ESI.
From India, Kannur
4248From India, Kannur
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PF & ESI.zip
Presentation PF&ESI.ppt
ESI applicable to software development companies - Bom HC 2012.pdf