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Workmen compensation - what is the ceiling amount and how to calculate it?
I m in working for a manufacturing company in the hr department and our company is covered for esi act i should know about workmen compensation act. last month our one of employee got accident and finally his death. my question is we need to pay workmen compensation amount? if we will pay what is the ceiling amount and how to calculate it. please suggested me.
Workmens compensation
How to calculate workmens compensation as per wc act 1923 under temporary total disablement.if the employee having monthly gross is around rs.58000/ and date of accident 28/10/2010 age as on today 31 yrs.can any body help me how to calculate the compensation for the employee? regards uk
Workmen compensation act
One of our employee met an accident and got fracture in arm while going back to home after his duty in local train . is employer liable for compensation as per workmen compensation act and how to calculate his compensation? pls reply asap.
Employee compensation act certain changes have been made in claim calculation
Hi 1.as per the new notification of employee compensation act certain changes have been made in claim calculation.in case the employee loses his life the amount shall be equal to rs. 120000 or 50 of the employees monthly wage multiplied by the relevant factor; whichever one is higher. if by the accident the employee is left totally incapacitated then rs. 120000 or 60 of the employees monthly wage of the employee multiplied by relevant factor shall be paid as compensation; whichever one is higher. how do we arrive at the amount of 120000 and what is the relevant factor. 2. how to calculate gratuity when it comes to 4.8 or 4.9 years. what is the basic rule depending on the number of the working days. 3. is mentioned under which act and how many in a year. 4. as per factories how time before expiry we have to apply for renewal of factory license. 5. in simple words not as written in act what is continuous service as per i.d act 1947
Workers compensation act
Dear all can any one help me to understand the workers compensation act or the calculations for the same? one of my employee met an accident in shop floor and we are thinking about give him some compensation and i need to calculate the same for my company.kindly revert regards ravi
"employee issue regarding compensation"
Dear seniors i have a query about compensation.. i want to know eligibility of compensation? i am working in a manufacture company in delhi one of our staff employee joined our organization one year back with 15k gross salary. now he want to resign so i want to know in his full and final settlement compensation would be include or not according the compensation/ labour act. if yes what would be the basic formula to calculate the same?? please seniors share your knowledge thanks & regards abhishek bhardwaj