ESI Benefits under ESIC scheme

Introduction

To come under the Benefits Given by the Employees' State Insurance Corporation (ESIC), A Person Has To Meet Certain Criteria, or should have esi registration. Which Are Set By The Committee? The ESI Scheme Applies As Follows

• A Person Who Is Working in a Non-Seasonal Factory who has Working with More Than 10 Employees. This Criterion Applies Under Section 2 (12) Of The Act.

• From 1 January 2017, The Wage Limit Of An Employee To Fall Within The Purview Of The ESI Scheme Is Rs. 21,000 Per Month Is Fixed.

What are the benefits of ESIC?

Employees State Insurance Corporation offers many attractive features and benefits. It not only provides medical benefits but it also comes with a level of financial difficulty in times of financial security such as unemployment, etc. Some of these are listed below:

Medical Benefits: The ESIC takes care of a person's medical expenses by providing proper medical care. This benefit is applicable from the first day of employment of the person.

Disability Benefit: ESIC provides another important benefit to the employee who is disabled, In case of temporary disability ESI provides to the employee their monthly salary or for the remaining life of the employee in case of permanent disability.

Maternity Benefit: Employees who are registered under ESI. ESIC helps welcome their child to the home. In a sample of ESIC labor, for a period of 26 weeks to 6 weeks and abortion 6 weeks, the stereotype provides a total of 100% of the daily wage. In the case of adoption, a salary of 12 weeks is provided.

Sickness Benefit: It is ensured by ESIC that cash flows into the employee's home during medical leave.70% of an employee's average daily wage is paid during a medical leave for a maximum period of 91 days in a two-day remuneration period.

Unemployment Allowance: ESI provides a monthly monetary allowance for the most amount of twenty-four months just in case of permanent illogic because of non-employment injury or involuntary loss of employment.

Dependent's benefit: If the employee suffers untimely death due to injury at the place of employment, ESIC will provide monthly payments among the surviving dependents.

If you need any help on the ESI Registration feel free to contact us +91-8766393412, Our Business adviser will clear your doubt.