Dear Seniors, I am working in a small organization, and I have no experience and no senior above me. Recently, we started PF and ESIC schemes for our workers. My queries are:
1. Are monthly deductions made in employees' salaries for both employee and employer contributions, meaning a 24% deduction on the monthly basic of the employee?
2. Are any ESIC leaves available for employees?
3. After how many days can an employee receive the benefits of ESIC?
4. Can an employee get the pension fund if they leave the organization before completing 10 years?
5. Is the employer contributing to ESIC?
6. After how many days can an employee withdraw PF from their account?
Please do the needful.
Thanks & Regards,
Amol
1. Are monthly deductions made in employees' salaries for both employee and employer contributions, meaning a 24% deduction on the monthly basic of the employee?
2. Are any ESIC leaves available for employees?
3. After how many days can an employee receive the benefits of ESIC?
4. Can an employee get the pension fund if they leave the organization before completing 10 years?
5. Is the employer contributing to ESIC?
6. After how many days can an employee withdraw PF from their account?
Please do the needful.
Thanks & Regards,
Amol