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Employees' State Insurance Corporation (ESIC), established by ESI Act, is an autonomous organisation under Ministry of Labour and Employment, Government of India.As it is a legal entity, the corporation can raise loans and take measures for discharging such loans with the prior sanction of the central government and it can acquire both movable and immovable property and all incomes from the ...
ESIC is a Statutory and an Autonomous Body under the Ministry of Labour and Employment. For all employees earning ₹ 21,000 (US$240) or less per month as wages, the employer contributes 3.25% and the employee contributes 0.75%, total share 4%. ESI scheme is a type of social security scheme for employees in the organised sector.
However, employee’s contribution is 12% of the basic wage as per sec.2(b) of the act and employer’s share of contribution is also 12% of the basic wage as per sec.2(b) of the act. In employer contribution of 12%, 8.33% transfer to EPS (Employee Pension Scheme) and 3.67% transfer to EPF (Employee Provident Fund).
The Chief Ministers of Indian states have varying salaries, with Telangana's Chief Minister earning the highest at ₹400,000 (US$4,800) per month. Other states like Delhi, Uttar Pradesh, and Maharashtra follow with salaries of ₹390,000 (US$4,700), ₹365,000 (US$4,400), and ₹340,000 (US$4,100) respectively.
Average CEO Pay is calculated using the last year a director sat on the board of each company. Stock returns do not include dividends. All directors refers to people who sat on the board of at least one Fortune 100 company between 2008 and 2012. The Pay Pals project relies on financial research conducted by the Center for Economic Policy and ...
Average annual wages per full-time equivalent dependent employee are obtained by dividing the national-accounts-based total wage bill by the average number of employees in the total economy, which is then multiplied by the ratio of average usual weekly hours per full-time employee to average usually weekly hours for all employees.
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From January 2008 to December 2012, if you bought shares in companies when Judith M. Runstad joined the board, and sold them when she left, you would have a 12.1 percent return on your investment, compared to a -2.8 percent return from the S&P 500.