Mr Kumar
In terms of finance voluntary coverage of exempted employees is not directly beneficial to the employers.But from HR point of view it is beneficial in long run.
For example it is known that when Jamshedji Tata decided to set up steel plant,the englishmen claimed that they will eat those steel implying that Tata can\'t make steel. But the company had a people oriented policy ,unmindful of the direct benefit,and made so many HR measures wich govt thought of only decades later.The benefit to the company was ,they grew to takeover British steel plants.Now many companys are offering PF to higher salary staff to attract talents and retain them.
Varghese Mathew BIL,PGDPM
Labour/HR consultant.09961266966 TVPM