Dear CiteHR family sir's,
As we are know ESI Wage ceiling is 15000/-. The wage measns all Regular wages/allowances accountable for Rs.15000/-.
Whether attendance bonus,shift allowances, production incentives will account for ESI wage limit 15000. Our area ESIC branch manager is stating these components also count for wage limit of Rs. 15000/. As per my knowledge these components will not account. Please clarify & share your views regarding this issue.....
Thanks
Chikkegowda.N
Sr.HR Executive
From India, Ahmadabad
3As we are know ESI Wage ceiling is 15000/-. The wage measns all Regular wages/allowances accountable for Rs.15000/-.
Whether attendance bonus,shift allowances, production incentives will account for ESI wage limit 15000. Our area ESIC branch manager is stating these components also count for wage limit of Rs. 15000/. As per my knowledge these components will not account. Please clarify & share your views regarding this issue.....
Thanks
Chikkegowda.N
Sr.HR Executive
From India, Ahmadabad
Hi, yes he is right all the components payable monthly needs to be included in the calculation
From India, Madras
From India, Madras
Hi, That one we are doing...... My query is for ESI Wage ceiling which are the components will be considered....
From India, Ahmadabad
From India, Ahmadabad
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Minimum Wage of UP & UK.pdf