Benefits Administration

Benefits-Administration

Spend Less Time Managing Employee Benefits

With Premium Employee Benefits Outsourcing, CONNECTING 2 WORK is an extension of your HR team. We administer all aspects of your employee benefits program – from new hire and life event processing to integrations with your insurance carriers and payroll systems. Our employee benefits outsourcing service includes employee contact center, billing reconciliation and payment and COBRA administration. You can also add on a range of other services so that you can focus on more strategic items in your to-do list.

Focus on Your Business

Trust the well-being of your employees to an established partner who is focused on managing employee benefits and procedures.

Control Risk

We’ll help you comply with government regulations as well as your own internal policies and procedures.

Offer Great Services

Our benefits experts answer employee questions, provide phone-based enrollment and advocate for your employees throughout the year.

Mandatory Employee Benefits in India

Employees’ Provident Fund

Employees’ Provident Fund, Employees’ Pension Scheme, and Employees’ Deposit Linked Insurance come under the purview of Employees’ Provident Funds and Miscellaneous Provisions Acts, 1952. These are funded by matching employer and employee contributions

Gratuity

Gratuity is a gratuitous payment due to an employee after 4 years 8 months continuous years of service, on termination, resignation, or retirement, or earlier in case of death or PTD.

Employee State Insurance

Employee State Insurance Scheme is mandatory for employees earning up to INR 21,000 per month (or INR 25,000 p.m. for employees with disabilities). This is a comprehensive benefit scheme covering medical costs for the family, including parents and dependent siblings, disability compensation, STD and LTD benefits, widow’s and children’s pension, and other benefits. It is funded by employer and employee contributions as well as Government contributions

compensatory off

Labor laws provide for compensatory days off for working on holidays and overtime pay of at least two (2) times wages.

Statutory leaves

Statutory leaves are regulated by each State’s Shops & Establishments Acts or by the Factories Act (depending on which Act the company has registered under). These cover sick leave, casual leave, privilege/earned leave, national holidays, State Founding Day, and other leaves such as bereavement leave

Paid maternity leave

Paid maternity leave of 26 weeks is mandatory. In addition, the Maternity Benefits (Amendment) Act, 2017, requires employers having more than 50 employees to provide a paid creche for children up to the age of 6 years.

Have a Question?

We are here to help. Email us or call +91 773 604 3614
Contact Us