The Employees’ State Insurance (ESI) scheme provides social security benefits to employees who are working in India.
Some of the benefits of ESI registration are:
1. Medical benefits: ESI provides medical benefits to employees and their dependents. This includes medical consultation, hospitalization, and maternity benefits.
2. Sickness benefits: In case of sickness, the employee is entitled to receive cash benefits during the period of absence from work.
3. Disability benefits: In case of temporary or permanent disability, the employee is entitled to receive a monthly pension.
4. Maternity benefits: Female employees are entitled to receive paid leave during the maternity period.
5. Unemployment allowance: ESI also provides unemployment allowance to employees who have lost their jobs due to reasons beyond their control.
6. Funeral expenses: In case of the death of an employee, ESI provides funeral expenses to the family members.
7. Rehabilitation allowance: In case of occupational disease or injury, ESI provides rehabilitation allowance to the employee for their recovery.
Overall, ESI registration provides financial assistance and social security to employees and their dependents during their employment tenure.
