A salary in industrial, admonistrative and service parlance is the remuneration paid to an employee after a negotiation for fulfilling the terms of employment and may be, though not necessarily, composed of various components like Basic pay, D.A or HRA etc while honorarium is an amount voluntarily paid in lump sum to a person not engaged as an employee for utilising his expert services. whether P.F and ESI is payable on Honorarium is dependant on the facts of each case.
B.Saikumar
HR & Labour Law advisor
mumbai