Dear all seniors,
I need your guidance on the following. One of our company employees met with an accident while riding his motorcycle on the way to work. He has been hospitalized for three days now.
1) Are there any liabilities on the company in this case regarding compensation, etc.? Please advise.
Regards,
Amboy
From Philippines, Sucat
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1I need your guidance on the following. One of our company employees met with an accident while riding his motorcycle on the way to work. He has been hospitalized for three days now.
1) Are there any liabilities on the company in this case regarding compensation, etc.? Please advise.
Regards,
Amboy
From Philippines, Sucat
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Dear Amboy,
Yes, Jagat Kumar is correct. If he is covered under the ESIC, then don't worry. But if not, ensure that he should be covered under the Mediclaim & Personal Accident policy.
In case of not having the above policy, it shall lead to all liability falling on the company's head, and the company will have to bear all the costs incurred during his treatment.
From India, Mumbai
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Yes, Jagat Kumar is correct. If he is covered under the ESIC, then don't worry. But if not, ensure that he should be covered under the Mediclaim & Personal Accident policy.
In case of not having the above policy, it shall lead to all liability falling on the company's head, and the company will have to bear all the costs incurred during his treatment.
From India, Mumbai
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if he covered under ESI apply for that. if he did’t covered compensation act will apply ( means all expenses you have to bare)
From India, Hyderabad
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From India, Hyderabad
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CTC means Cost to Company. Basic salary means Basic + DA (Basic is fixed by the State government). Gross salary means Basic + DA + HRA + Medical + LTA, etc. Net salary means after deducting PF and PT (If salary is above 10000 rs) from gross salary. Net salary is also called Take-home salary.
From India, Bangalore
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From India, Bangalore
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