Dear CiteHR family sir's,
As we are know ESI Wage ceiling is 15000/-. The wage measns all Regular wages/allowances accountable for Rs.15000/-.
Whether attendance bonus,shift allowances, production incentives will account for ESI wage limit 15000. Our area ESIC branch manager is stating these components also count for wage limit of Rs. 15000/. As per my knowledge these components will not account. Please clarify & share your views regarding this issue.....
Thanks
Chikkegowda.N
Sr.HR Executive
As we are know ESI Wage ceiling is 15000/-. The wage measns all Regular wages/allowances accountable for Rs.15000/-.
Whether attendance bonus,shift allowances, production incentives will account for ESI wage limit 15000. Our area ESIC branch manager is stating these components also count for wage limit of Rs. 15000/. As per my knowledge these components will not account. Please clarify & share your views regarding this issue.....
Thanks
Chikkegowda.N
Sr.HR Executive