Is an Employee Compensation Policy Necessary Without ESIC? Seeking Expert Advice

kishan-prajapati1
Dear Experts,

Is it compulsory to have an Employee Compensation Policy in place even if ESIC is not implemented?

Thank you.
loginmiraclelogistics
Yes, it's very much required to take care of any injury and such unforeseen situations. This is not only statutorily required but also safeguards and provides support to injured employees.
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