Greetings to all Seniors,
I'm working in a limited company. In the organization, there are around 35 employees. Is there any way out for the employees who are working on very low salary, like peons and cleaners? If the company deducts ESI and PF, then they will get nothing in their hands. Is there any way out to help them? Also, I want to know if going off ESI and PF agents is a good option or not?
Please reply.
Regards, Lakshika
From India, Delhi
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3I'm working in a limited company. In the organization, there are around 35 employees. Is there any way out for the employees who are working on very low salary, like peons and cleaners? If the company deducts ESI and PF, then they will get nothing in their hands. Is there any way out to help them? Also, I want to know if going off ESI and PF agents is a good option or not?
Please reply.
Regards, Lakshika
From India, Delhi
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PF/ESI are statutory requirements. They should be covered irrespective of their salary/wage range. pon
From India, Lucknow
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From India, Lucknow
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Dear Lakshika,
As it is mandatory, you can't deny it. All you can do is bifurcate the salary into Basic and other allowances to reduce the contribution part and boost the take-home salary. But mind it, you can't have your cake and eat it too. The lesser the contributions, the lesser the benefits.
Do you know there are thousands of widow pensioners whose spouses contributed for just one month? Thus, there are more benefits from a social security angle. It is your duty to convince your fellow employees.
S. Sethupathy, Excellent HR Services.
From India, Selam
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As it is mandatory, you can't deny it. All you can do is bifurcate the salary into Basic and other allowances to reduce the contribution part and boost the take-home salary. But mind it, you can't have your cake and eat it too. The lesser the contributions, the lesser the benefits.
Do you know there are thousands of widow pensioners whose spouses contributed for just one month? Thus, there are more benefits from a social security angle. It is your duty to convince your fellow employees.
S. Sethupathy, Excellent HR Services.
From India, Selam
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