Sickness benefits at the rate of 70% of wages for a maximum period of 91 days in any year in case of any certified illness.
Extended sickness benefits upto two years to the employees in the case of 34 malignant and long-term diseases at the rate of 80% of wages.
Enhanced sickness benefits equal to full wages for employees undergoing sterilisation for family planning upto 7 days for Vasectomy and 14 days for Tubectomy
Medical benefits to an employee and his/her family members.
Medical benefits to retired employees and their spouses upon payment of an annual premium of Rs.120.
Maternity benefit at the rate of full wage to the women who are pregnant (paid leaves for 26 weeks, which can be extended by one month).
If the death of the employee happens due to employment injury or occupational hazards, dependant benefit of 90% of the wages is given to his/her dependents in the form of a monthly payment after the death of the employee.
The ESI Act is a social security legislation in India that provides medical and cash benefits to employees and their dependents. It is administered by the Employees' State Insurance Corporation (ESIC).
The ESI Act is a social security legislation in India that provides medical and cash benefits to employees and their dependents. It is administered by the Employees' State Insurance Corporation (ESIC).
No, ESI registration is generally mandatory for establishments with 10 or more employees (in some states, the threshold may be 20). However, certain types of establishments or industries may have different eligibility criteria.
Non-compliance with ESI regulations can result in penalties, including fines, imprisonment, and interest on unpaid contributions.
You can check the eligibility criteria on the ESIC website or consult with an HR professional.
The registration process typically involves submitting the required documents to the nearest ESIC office or online through the ESIC portal. Can I register my establishment under ESI before it starts operations? Yes, you can register your establishment under ESI before it starts operations.
The contribution rate for ESI is a percentage of the employee's wages, and it varies based on the nature of the establishment and the employee's salary.
Employees and their dependents are eligible for ESI benefits.
ESI covers a wide range of medical benefits, including inpatient and outpatient treatment, hospitalization, maternity benefits, and dependent benefits.
In certain cases, ESI may cover pre-existing medical conditions, but there may be specific requirements.
Yes, foreign companies operating in India are generally required to register under the ESI Act if they have 10 or more employees.