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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 ...
One is employee’s contribution which is to be deducted from employee’s salary / wages and another is employer’s contribution which is to be added by the employer every month. 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 ...
Employees with a monthly salary less than ₹15,000 are eligible for treatments in ESIS Hospitals. [5] This is one of the two hospitals in Chennai, the other being in K. K. Nagar. [ 6 ] [ 7 ]
Cost to company (CTC) is a term for the total salary package of an employee, used in countries such as India and South Africa. It indicates the total amount of expenses a company (organisation) spends on an employee during one year. It is calculated by adding salary to the cost of all additional benefits an employee receives during the service ...
CEO pay includes salary, bonuses, stock sales, and other payments. 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.
Salary can also be considered as the cost of hiring and keeping human resources for corporate operations, and is hence referred to as personnel expense or salary expense. In accounting, salaries are recorded in payroll accounts. [1] A salary is a fixed amount of money or compensation paid to an employee by an employer in return for work performed.
From January 2008 to December 2012, if you bought shares in companies when John R. Strangfeld joined the board, and sold them when he left, you would have a -42.7 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
ESIC Medical College & Hospital, Faridabad, or in its full name Employees' State Insurance Corporation Medical College and Hospital, Faridabad, is a Government co-educational Medical College located at New Industrial Township-3, Faridabad, the industrial capital of India in Haryana, India.