ESI stands for Employee's State Insurance, which is a social security and health insurance scheme for Indian employees. The scheme is managed by the Employees' State Insurance Corporation (ESIC) and provides medical care and other benefits to workers who earn less than a specified amount per month and are employed in certain sectors.
Eligible employees need to contribute a total 0.75% of their salary (basic+ allowances).
Registered Employers need to deposit 3.25% of salary paid (basic+ allowances) to ESIC corpus every month.
The only exemption in paying contribution is to the employee whose daily wage is less than Rs 176/- per day.
Our team will work with you and collect required information about your company.
After Analyzing the information our team will give you the list of required documents that you have to submit.
WebOnlineHR Team will fill out the required application and submit the same to the ESIC department for further verification process.
Once the application is processed we will send the registration license and login details to the registered email.
If you have a huge organization and looking for dedicated support. we are here to help you. Just contact us and we will discuss the requirements in detail.
Yes. All ESI-covered companies and factories with more than 10 workers and a monthly salary of less than Rs.21,000 (Rs.25,000 for employees with disabilities) must register with the ESIC and contribute to the ESI system. Employees who earn more than Rs. 21,000 a month are exempt from paying ESI.
The ESI program provides comprehensive medical treatment to employees registered in the ESIC during infirmity and working capability periods. It also offers financial support to cover the employee’s wage loss when away from work due to illness, pregnancy, or a workplace accident.
Yes. It is the Statutory responsibility of the employer to register the Factory/Establishment under the ESI Scheme within 15 days from the day of its applicability
The employer is relieved from providing any medical care to the employee and his family
Eligible employees need to contribute in total 0.75% of their Wages.Registered Employers need to deposit 3.75% of Wages paid /Payable to ESI corpus every month.
The only exemption in paying contribution is to the employee whose daily wage is less than Rs 176/- per day.
