Given the notification (attached) of a wages increase from INR 10,000 to INR 15,000 w.e.f. 1st May 2010, please share what your organization plans to do:
a) Continue with Health Insurance for eligible employees
b) Delete Health Insurance cover for eligible employees
c) Increase the salary of employees to ensure most move above INR 15K eligibility to reduce costs and provide better benefits
d) Combination of a) and c) above
e) Combination of b) and c) above
f) Any other, please specify
Also, please share your responses as below:
1. Your organization's industry:
2. Type of organization: e.g., Indian or MNC
3. No. of Eligible ESIC Employees: as per the new notification
4. Plan to go with option: a / b / c / d / e / f
If (f) option, please specify:
As most organizations will consider next steps, this will help all of you to benchmark options and decide on the trend. Trust you will participate in good numbers and help all HR folks of this forum.
a) Continue with Health Insurance for eligible employees
b) Delete Health Insurance cover for eligible employees
c) Increase the salary of employees to ensure most move above INR 15K eligibility to reduce costs and provide better benefits
d) Combination of a) and c) above
e) Combination of b) and c) above
f) Any other, please specify
Also, please share your responses as below:
1. Your organization's industry:
2. Type of organization: e.g., Indian or MNC
3. No. of Eligible ESIC Employees: as per the new notification
4. Plan to go with option: a / b / c / d / e / f
If (f) option, please specify:
As most organizations will consider next steps, this will help all of you to benchmark options and decide on the trend. Trust you will participate in good numbers and help all HR folks of this forum.
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