Can any body enlighten me the procedure followed in your organisation for covering the employees /contractor's employees under group gratuity insurance policy under LIC of India and Employees' compensation insurance policyunder any general insurance company.What will be the percentage of cost of premiums of such policies per month to the wages per employee,say Rs.220x26 days=Rs.5720/-.
Dear fellow members,
I am still waiting a reply from any member,whose organisation has introduced group gratuity insurance & group emmployees comensation scheme for employees of contractors/security agencies engaged in their organisation .
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