will PF and ESIC Applicable on the salary compensation given in behalf of Termination

amitsingh1
we have termination of employee in our firm with giving one month salary compensation. Will PF and ESIC applicable on that compensation?
KK!HR
Will not be applicable. PF & ESI contribution are payable on wages earned. The payment for notice period is not covered under the definition of wages in the respective Acts.
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