How to tell new joinees about EPF
From India, Bengaluru
As part of joining formalities you must issue Form 2 for nomination in duplicate to the new joinee at which time you can explain about the EPF scheme in brief.

Explain the employee contribution %age (12%) as part of recovery from his Basic+DA and contribution of the employer part (12%) on similar basis which is again broken up into EPF (1.67%) + EPS (8.33%).

You may not go into the detail as it might confuse the employee at the beginning. You may have simple ppt prepared to explain salient features of the social security scheme as part of the orientation.

From India, Chennai
You must tell to the employees benefits about the PF deduction and also tell in details the contribution % both employer and employee and admin charges %. You can also tell the withdraw rules.
From India, Noida

handover EPF form 11 to employee and ask to fill it and submit with annexed documents , it contains all requisite details

If you are knowledgeable about any fact, resource or experience related to this topic - please add your views using the reply box below. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone.

Please Login To Add Reply

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2021 CiteHR.Comô

All Material Copyright And Trademarks Posted Held By Respective Owners.
Panel Selection For Threads Are Automated - Members Notified Via CiteMailer Server