Hi,
What are the wage components under the ESI Act to arrive at a monthly salary of Rs. 21,000? If we pay statutory bonus on a monthly basis, then these employees' gross monthly salary will be more than Rs. 21,000. Will they still be eligible under ESI?
Please clarify.
From India, Mumbai
Acknowledge(1)
Amend(0)
8What are the wage components under the ESI Act to arrive at a monthly salary of Rs. 21,000? If we pay statutory bonus on a monthly basis, then these employees' gross monthly salary will be more than Rs. 21,000. Will they still be eligible under ESI?
Please clarify.
From India, Mumbai
Acknowledge(1)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.
Draft Notification dt 6-10-2016 reg enhancement of wage ceiling under ESI Act.pdf