Dear All, We are a distributor firm and I have recently joined as the HR Manager. Please suggest whether I should propose the firm to avail ESI facility or Mediclaim? Thanks Devika Das
From India, Varanasi
3From India, Varanasi
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Dear Devika Das,
All the best for your new assignment. ESI is mandatory (Social Security Act), and mediclaim is optional employee welfare. Therefore, ESI has to be compulsorily made, and mediclaim rests with the management decision.
From India, New Delhi
All the best for your new assignment. ESI is mandatory (Social Security Act), and mediclaim is optional employee welfare. Therefore, ESI has to be compulsorily made, and mediclaim rests with the management decision.
From India, New Delhi
Dear Devika,
If the employees in your firm are more than 10, then ESIC becomes mandatory. Kindly get your firm registered with ESIC. Mediclaim, though, is not mandatory. However, you can initiate this in your firm. Explain to the management the benefits of this and convince them.
From India, Bombay
If the employees in your firm are more than 10, then ESIC becomes mandatory. Kindly get your firm registered with ESIC. Mediclaim, though, is not mandatory. However, you can initiate this in your firm. Explain to the management the benefits of this and convince them.
From India, Bombay
As Ms. Arti Shah has rightly said, ESIC is mandatory if the employee strength is more than 10. If not, it is not mandatory, so one can opt for the other option of Mediclaim.
Even if you are registered under ESIC, any employee who is not covered under ESIC or is beyond the coverage can opt for Mediclaim.
From India, Ahmadabad
Even if you are registered under ESIC, any employee who is not covered under ESIC or is beyond the coverage can opt for Mediclaim.
From India, Ahmadabad
And please note that for Rs. 15, 000.00 ESI is no applicable. Kindly correct me if I am wrong. Hrkapati
From India, Guwahati
From India, Guwahati
Dear Devika,
ESI is covered under the Social Security Act, which is mandatory for all organizations with a workforce of at least 10 employees. However, those earning more than Rs.15,000/- in gross salary per month are not eligible for ESI benefits.
Thank you.
From India
ESI is covered under the Social Security Act, which is mandatory for all organizations with a workforce of at least 10 employees. However, those earning more than Rs.15,000/- in gross salary per month are not eligible for ESI benefits.
Thank you.
From India
Another thing Devika. If you are new and not aware about ESI, please contact the Local ESI Office to register your Organisation. You can not take ESI like Mediclem. The procedure is different.
From India
From India
Hi Devika and all HR members,
I am sharing this just for your knowledge.
In a bid to widen the social security safety net, the Labour Minister, Mr. Sis Ram Ola, has announced that people drawing a salary up to Rs. 25,000 shall be covered under the ESI Scheme. Currently, the benefit is available to people drawing a salary up to Rs. 15,000 only. According to the information available, the decision was made on Thursday, 19th September 2013. The move would impact the take-home salary of employees currently in the salary bracket of Rs. 15,000 to Rs. 25,000. Furthermore, it would have an impact on increasing the ESI contribution as well as compliance for the employers.
Regards,
Raj
Sr. HR Professional
From India, New Delhi
I am sharing this just for your knowledge.
In a bid to widen the social security safety net, the Labour Minister, Mr. Sis Ram Ola, has announced that people drawing a salary up to Rs. 25,000 shall be covered under the ESI Scheme. Currently, the benefit is available to people drawing a salary up to Rs. 15,000 only. According to the information available, the decision was made on Thursday, 19th September 2013. The move would impact the take-home salary of employees currently in the salary bracket of Rs. 15,000 to Rs. 25,000. Furthermore, it would have an impact on increasing the ESI contribution as well as compliance for the employers.
Regards,
Raj
Sr. HR Professional
From India, New Delhi
You can order a copy of the ESI Act and its procedures from the nearest branch of the ESI Organisation and go through it. You will understand the coverage and benefits available to employees under the scheme and then decide for yourself after convincing your higher-ups.
In addition, Mediclaim is also available as an option. You can discuss this with any nearby Insurance Companies to learn about their offerings. Then decide if the scheme suits your organization.
You can opt for both schemes or choose either of the two.
From India, Bokaro
In addition, Mediclaim is also available as an option. You can discuss this with any nearby Insurance Companies to learn about their offerings. Then decide if the scheme suits your organization.
You can opt for both schemes or choose either of the two.
From India, Bokaro
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