Piece Rate Work Contract
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1\. We wish to have your opinion on hiring workers on contract for 9 months and then completely replacing them. Every 9 months workers shall get replaced by new workers by the same contractor. Contractor shall not change. Also this shall be done for new workers ...
Piece-rate work is allowable in factory premises. Yes, it is also applicable for ESI and PF.
Dear Basima,Employees receiving a daily average wage up to Rs.70/- (w.e.f 1-8-07) are exempted from payment of contribution. Employers will, however, contribute their own share in respect of these employees. PF is exempted because the job is not permanent in nat...
Hi all,Please suggest on the following:a) Is piece-rate work allowable in factory premises or not?b) Is PF and ESI applicable on piece-rate work?Regards,M Rajesh
Hi Kiran,I have recently transferred my PF amount from my previous company (online transfer). It was done in two weeks hassle-free. When I checked the transferred amount, the employee and employer contributions were transferred to the new account. However, upon ...
@Alin:> Mr. Dasgupta,> > Thanks for enlightening me on the above-mentioned topic. The contractor is not aware of the calculation of the statutory items. We would like to provide him with an idea regarding it. Is there a common practice to divide the payment in s...
Dear Alin,Your CFO has expressed a desire to implement the contract labor system for completing assignments. This system is widely practiced for the profiles of manpower being discussed.The main guidelines for implementing this system shall be as per the clauses...
Dear Alin,There is no fixed amount in the piece-rate system to arrive at a monthly fixed rate, and it has always been an issue of debate over the years. Every government officer (PF, ESI, or P.Tax) would apply their logic at the time of inspection, mostly averag...
Dear Seniors,I have recently joined an ITES company. The company's main focus area of business is the digitization of E-Governance projects for various Government bodies in India.Now, our CFO wants us to develop a system where ground-level employees can be paid ...
@Alin:> Dear Mr. Dasgupta,> > First of all, I would like to thank you for the reply. However, some points, if clarified, would be appreciated. Following are the points:> > 1\. The payments that are going to be made to the employees will be made only through the ...