Maternity Leave CTC Will Be Processed Or Only Basic Salary
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If the employee is covered under the ESI Scheme, the employer does not have to incur liability for maternity benefits.–-If the user starts with “Hi, ” followed by a line feed, remove that line feed to ensure the first line does not appear blank.
Dear Sir,One of the employees who has been covered by ESI since 2015 does not want to claim maternity benefits from ESI as she has medical insurance through her husband. Does the employer have to pay her salary for 26 weeks?Please advise.Srinivas
Is anyone confirmed about the Honda and Yamaha Maternity Law?Our company is saying we will follow that rule. Kindly confirm if possible.Regards,Jaya
Dear Srinivas,Let her claim 26 weeks Maternity Benefit from ESI. Medical Insurance will cover only hospitalization charges/benefits and not the leave period.Suresh
In this case, you have to pay the basic salary. CTC is a much broader term than the actual salary received; it is the cost borne by the unit and includes many factors that are not part of the monthly salary. Therefore, such extra factors can be excluded.
Dear KK!HR,I am sharing the breakdown of my salary as follows:- Basic- HRA- Medical- Special Allowance- Fuel/Vehicle Maintenance Reimbursement- Sodexo Meal Coupons- Sodexo Gift VouchersThank you.
If the employee is ESIC-covered, then maternity benefits plus medical support are all handled by ESIC, subject to the enforcement of the Maternity Act and ESIC simultaneously.
Do we need to pay PF & ESIC contributions while making maternity benefits payment for 6 months?
CTC is an all inclusive term and that includes many more items which an employee doesn't get at all as salary (like gratuity). The Average daily wage is explained in the Act as :Explanation. – For the purpose of this sub-section, the average daily wage means the...
Dear all,This is regarding Maternity Leave Benefits. During Maternity Leave, the salary processed will be calculated based on the Basic Salary or the Cost to Company (CTC). As per the act, it is calculated on a daily wage basis. Kindly clarify whether we should ...