Struggling with ESIC Costs: How Can Small Media Companies Protect Employees and Save Money?

I work in a small media company. I have a problem regarding ESIC. Most of the employees in our company have a medical policy (Medicalam), so ESIC is a loss for them. Even with the new ESIC policy, it is now Rs. 15,000/-, which is a loss for both the company and the employee. Therefore, I want to know what policy I should implement to save my company and employees from ESIC.

If you have 20 or more employees drawing wages below ₹15,000, as per the Government of India and Ministry of Labour, your office is covered under the said act.

For further queries, please feel free to call back.

Statutory consultant Ravikumar S. 9892028625

It's a statutory obligation. You MUST register with ESIC. Further, you cannot compare the benefits of ESIC with any other mediclaims.

For details, please see my other posts related to it.