ESI full details.. - gross salary.. CiteOps
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bistdevi Started The Discussion:

Hi frnds, Will u provide me the full details of ESI. Its very urgent...:confused: Regards Devi Bisht

rmkmani -  Member Since: Aug 2009
Hi devi, For ESI contribution employees (1.75%) and employers(4.75%) from Earned gross, it included OT & NSA other earning for salary. Regards, Karthik

venkat@tower -  Member Since: Jan 2009
Dear Devi Regarding Esi what kind of information you need. Either contribution details or general details Regards Venkat

roopasomashekar -  Member Since: Feb 2009
Dear All,
Small confusion regarding ESI.
In our company we follow the salary payment as fixed pay & variable pay (VP) again in variable pay we split into guaranteed VP & performance based VP. Guaranteed VP will be paid quarterly & performance based pay will be paid at the end of the yr..

I got stuck here...
1. ESI is calculated for an employee only based on gross salary (ie the gross sal should be more than or equal to 10 K/pm) what if the employee gross is less than 10k but we are paying VP once in a quarter which will be more than 10K??
2. What about the ESI coverage if an employee is covered under insurance which company is providing.

Please help me to take a call on this.

Regards,
Roopashree S




 
 
 
 





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