Ravi5554
Asst.manager -hr
Vmlakshminarayanan
Sr.manager - Hr&admin
Tsami21
Btech

Cite.Co is a repository of information and resources created by industry seniors and experts sharing their real world insights. Join Network
Hi ALl, Please let me know the amount of "employer's esic" is deducted from employees salary or the employer pays the amount from his side.
Basically i wanted to know : the CTC contains the employer's esic contribution also? and is employer's esic paid by the employees only?

From India, Patna
Hi,
Employer contribution is 4.75% of the gross salary of the employee
Employee contribution is 1.75% of his gross salary.
Nowadays many corporate companies follow the concept of CTC wherein what ever contribution paid by employer on behalf of employee is added to employee CTC. It is wrong only if it is part of gross salary.

From India, Madras
Dear Friend, ESIC payable on total salary earned by the employee during the period. (including Overtime,Arrears, Incentive....)
From India, Mumbai
This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.






About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2020 Cite.Co™