Dear All, Please help me. Currently, we are following a statutory-compliant wage structure that includes PF and ESIC benefits for our employees. However, our management wants to transition to a daily wages structure without these benefits. We would like to ensure that this change complies with all relevant labor laws and regulations regarding PF/ESIC.
Consultant Model for Salaries
Secondly, can we process salaries for certain workers under a consultant model?
From India, Bengaluru
Acknowledge(0)
Amend(0)
Consultant Model for Salaries
Secondly, can we process salaries for certain workers under a consultant model?
From India, Bengaluru
Acknowledge(0)Amend(0)
Hi, A minimal number of employees (say 2 or 3) may be kept on consolidated pay (subject to TDs) as consultants. However, even those employees, if they work full-time, cannot be classified as consultants. Consultants are not eligible for any benefits applicable to regular employees and are expected to work solely based on assignments. If all employees are kept on consolidated pay during a statutory audit, questions will be raised, and many candidates may not prefer to work on a consolidated pay basis.
From India, Madras
Acknowledge(0)Amend(0)
1015From India, Madras
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
MODEL STRUCTURE OF COMPENSATION.do c
Wage Breakdown Structure.xls