December 14, 2019 admin Post in Uncategorized Provident Fund The Employees’ Provident Fund Organisation (abbreviated to EPFO), is an organization tasked to assist the Central Board of Trustees, Employees’ Provident Fund a statutory body formed by the Employees’ Provident Fund and Miscellaneous Provisions Act, 1952 and is under the administrative control of… Continue Reading
November 25, 2018 admin Post in Uncategorized Employee State Insurance Corporation (ESIC) Employees’ State Insurance (abbreviated as ESI) is a self-financing social security and health insurance scheme for Indian workers. The fund is managed by the Employees’ State Insurance Corporation (ESIC) according to rules and regulations stipulated in the ESI Act 1948. Continue Reading
November 25, 2018 admin Post in Uncategorized Gratuity Gratuity Act is a statutory benefit paid to the employees who have rendered continuous service for at least five years. … It is a defined benefit plan and is one of the many retirement benefits offered by the employer to… Continue Reading
November 25, 2018 admin Post in Uncategorized Employee Engagement Employee engagement is the extent to which employees feel passionate about their jobs, are committed to the organization, and put discretionary effort into their work. Employee engagement is not the same as employee satisfaction. Continue Reading