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Employees' State Insurance (ESI) is managed and regulated by the Employees' State Insurance Corporation which is an autonomous body under the Ministry of Labor and Employment, Government of India. ESI scheme was introduced for Indian employees which provided monetary, medical, and other benefits from employer to employee.
Who is eligible to get ESI registration in India?
There must be more than 10 employees to be eligible for ESI registration. In some areas, ESI registration is possible for establishments with more than 20 employees. Here are some other criteria that need to be fulfilled in order to get ESI registration.
- An employee whose gross salary is up to Rs. 21,000 per month can be availed with the help of an employer.
- The establishment is registered with the EPFO.
- The total contribution to ESI is 6.5% of the gross salary and it can be further divided as:
- 4.75% by the employer
- 1.75% of the employee
- For industrial units where there is a possibility of injury or health issues, all those employees whose salary is less than Rs 21,000, need to mandatorily obtain ESI registration.
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How Company is Different?
Diverse Platforms, Systems & Tools Expertise
Company’s IT specialists are adept at both legacy and new-age platforms, systems and tools. We, thereby, comprehend client requirements easily and swiftly devise tools and strategies to mitigate client problems
Huge Technical Proficiency
Company employs IT professionals with specialties across languages and technologies. We are, therefore, in a constant state of readiness to deploy suitable IT experts to specific client needs
Wide Industry Base
We have clients across a wide range of industries and regions around the globe. This has given us the experience and insights into the unique considerations of different organization, thereby building our best practices compendium
Swift Design & Implementation
At Company, our team of IT specialists are quick in requirement assessment, design and implementation. Backed by adequate tests and comprehensive documentation, we offer a safe net to enterprises, shortening the time-to-operate and optimizing the resources
Our IT specialists are available for round-the-clock support and maintenance services. With Company, you experience no downtime!
Cost-Arbitrage with Cost-Efficiencies
At Company, we follow flexible pricing models that take into consideration client needs and limitations. Our tailor-made pricing enables our clients to effect cost efficiencies with a huge margin. At the same time, our price-points fit in easily with client’s digital transformation budgets
It is always a pleasure to learn that the work we do has positively impacted our clients and that they are happy to share their experiences.
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