Employee State Insurance Best HR Payroll Online Course Tutorial For Beginners @henryharvin

Employee State Insurance Best HR Payroll Online Course Tutorial For Beginners @henryharvin

Employee Benefits Insurance Claims Payroll Administration HR management labor law compliance
Free
54 minutes
English

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Description

The ESIC Act is a significant piece of legislation that provides social security to Indian workers. The scheme applies to most establishments in India, but there are some exceptions. To be eligible for ESIC coverage, an organization must employ at least 20 employees, although this number can be lower (10) in some states. The act has undergone changes over the years, with the latest amendment taking effect from January 1, 2017. This change increased the wage limit to Rs. 21,000 per month for coverage. The content delves into the history of the ESIC Act and its evolution over time, providing a comprehensive understanding of this critical legislation. It also highlights state-wise variations in the minimum number of employees required for ESIC coverage. Additionally, it discusses the purpose of the ESIC Act, which is to provide social security benefits to workers. The content assumes some basic knowledge of Indian employment laws and regulations but provides an overview of the key concepts involved. Overall, this content aims to educate viewers about the importance of the ESIC Act and its impact on the lives of working individuals in India. learn more

Professions

Recruitment Specialist Payroll Specialist Labor Lawyer Human Resource Manager HR Generalist Employee Relations Specialist Compensation and Benefits Manager Benefits Administrator

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