ESIC Applicability for new joining employee whose wage is less then 21000 - CiteHR
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Good evening
total employees in our company 160 & there salary is above 25000 and they having Group insurance policy . now we have taken three new employee in our company whose wages is less then 21000.
for these employee do we take ESIC code or cover them under Group insurance policy.
please confirm
Regards
Ashwini

Hi
Get your company registered for ESI even if you have all the employees earning more than stipulated amount. The basic criteria is having 10 or more employees and not the salary part. Once you do that see that you register such of those employees whose gross is less than or equal to 21000.00 rupees and start deduction/payment of contributions as laid down in the Act.
Thanks and Regards

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