Devendhra,
I am not in confusion anyway i am trying give clarification on above statements.
1. Hyderabad & Andhra Pradesh, its covered under ESIC. 75 employees are working. all are getting less than 15thousands expect 10.
From India, Hyderabad
169I am not in confusion anyway i am trying give clarification on above statements.
1. Hyderabad & Andhra Pradesh, its covered under ESIC. 75 employees are working. all are getting less than 15thousands expect 10.
From India, Hyderabad
Dear Mr. Ashok,
The ESI authorities cover the industries under its Act. Every employee drawing less than Rs. 15000/- should get covered under the ACT. When an Accident takes place in the industry, the Management has to forward the Accident Report In Form No. 12 giving the time, date, place of accident, location of injury, quantum of injury etc.,. On receipt of the report, the authorities visit the industry for inspection and submit the report to the higher ups. Based on the Report, they fix up the compensation depending on the quantum of injury/nature of injury = loss of earning capacity. Such employees get the benefits (pension) till their death.
In case your industry is not covered under the ACt, as a Management you have to bear all the cost of the medical expenses, payment for the absent period and also the amount fixed by the compensation commissioner, in case the concerned raised the dispute before the labour authorities. The Workmen Compesnsation Act, defined and fixed the nature of injury and quantum of compensation.
Hope this has clearned your doubt.
G.K.Manjunath
From India, Bangalore
The ESI authorities cover the industries under its Act. Every employee drawing less than Rs. 15000/- should get covered under the ACT. When an Accident takes place in the industry, the Management has to forward the Accident Report In Form No. 12 giving the time, date, place of accident, location of injury, quantum of injury etc.,. On receipt of the report, the authorities visit the industry for inspection and submit the report to the higher ups. Based on the Report, they fix up the compensation depending on the quantum of injury/nature of injury = loss of earning capacity. Such employees get the benefits (pension) till their death.
In case your industry is not covered under the ACt, as a Management you have to bear all the cost of the medical expenses, payment for the absent period and also the amount fixed by the compensation commissioner, in case the concerned raised the dispute before the labour authorities. The Workmen Compesnsation Act, defined and fixed the nature of injury and quantum of compensation.
Hope this has clearned your doubt.
G.K.Manjunath
From India, Bangalore
Ashok
If your factory is coverd in ESI then Don't bother about of WC policy .As I told previously that WC policy is an additional coverage to the workers . As per ESI Act ESI facility is mandatory for your Factory . & If Mgmt wish to cover your workers then they can take WC policy .
Has Mgmt made any provision to employees those who are getting sal more than 15K ?
Devendra Deshpande
From India, Pune
If your factory is coverd in ESI then Don't bother about of WC policy .As I told previously that WC policy is an additional coverage to the workers . As per ESI Act ESI facility is mandatory for your Factory . & If Mgmt wish to cover your workers then they can take WC policy .
Has Mgmt made any provision to employees those who are getting sal more than 15K ?
Devendra Deshpande
From India, Pune
Ashok
You can take GPA 1) Group Personal Accident Policy 2) WC policy also, but they will get benefit as per ACT, in case of loss of any body part they will get compensation.if accident happens in Factory ..!
.For more dettails take advice of insurance consultant..they will properly guide to cover your employees who are getting sal more than 15 k
Devendra Deshpande
From India, Pune
You can take GPA 1) Group Personal Accident Policy 2) WC policy also, but they will get benefit as per ACT, in case of loss of any body part they will get compensation.if accident happens in Factory ..!
.For more dettails take advice of insurance consultant..they will properly guide to cover your employees who are getting sal more than 15 k
Devendra Deshpande
From India, Pune
Hi, I want to be take one group insurance policy to staff those are not covered under ESIC so can you please help me out on the same?
From India, Hyderabad
From India, Hyderabad
Many companies opt for the Group Insurance, for that you will have to contact your or any Insurance Agent...(like SBI (SBI Life Goup Employee Benefits) Bajaj, ICICI, ........)
If you go through the CITE there are many, who's given their references under the discussions heading employee group insurance.....
( KARNATAKA STATE EMPLOYEES GROUP INSURANCE SCHEME <link updated to site home> ( Search On Cite | Search On Google ) )
From India, Bangalore
If you go through the CITE there are many, who's given their references under the discussions heading employee group insurance.....
( KARNATAKA STATE EMPLOYEES GROUP INSURANCE SCHEME <link updated to site home> ( Search On Cite | Search On Google ) )
From India, Bangalore
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