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ESI
(Employees State
Insurance)
Objective
• Is to secure sickness, maternity,
disablement and medical benefits for
employees of factories and
establishmen...
EMPLOYEES STATE
INSURANCE CORPORATION
ESIC
It is the premier social security
organization in the country.
It is the highest policy making and
decision making ...
Cont….
• The corporation comprises of members
representing central and state
governments, employees, employers, parlia
men...
Coverage
The ESI Act applies to:
• Factories employing ten (10) or more persons.
• Factories and establishments employing ...
Non Coverage
• Mines
• Railway running sheds
• Govt. factories and establishments and
naval, military, air force
• Seasona...
Finances
• The scheme is primarily funded by
contribution raised from the insured
employees and their employers.
• Employe...
Registration
The employer should get his factory or
establishments registered with ESI
corporation within 15 days after t...
Benefits
THANK YOU
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ESI

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ESI, Employees State Insurance

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ESI

  1. 1. ESI (Employees State Insurance)
  2. 2. Objective • Is to secure sickness, maternity, disablement and medical benefits for employees of factories and establishments in case of an employment injury or occupational hazard.
  3. 3. EMPLOYEES STATE INSURANCE CORPORATION
  4. 4. ESIC It is the premier social security organization in the country. It is the highest policy making and decision making authority under the ESI Act and oversees the functioning of the scheme under the act.
  5. 5. Cont…. • The corporation comprises of members representing central and state governments, employees, employers, parlia ment and other medical profession. • Union Minister of labor functions as the chairman of the corporation.
  6. 6. Coverage The ESI Act applies to: • Factories employing ten (10) or more persons. • Factories and establishments employing twenty (20) or more persons. • Employees of the factories and establishments in the receipt not exceeding Rs.10,000/- per month are covered in this act.
  7. 7. Non Coverage • Mines • Railway running sheds • Govt. factories and establishments and naval, military, air force • Seasonal factories
  8. 8. Finances • The scheme is primarily funded by contribution raised from the insured employees and their employers. • Employees contribution: 1.75% of the wages • Employers contribution: 4.75% of the wages
  9. 9. Registration The employer should get his factory or establishments registered with ESI corporation within 15 days after the act becoming applicable to it, and obtain the employer’s code number.
  10. 10. Benefits
  11. 11. THANK YOU

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