Workex is one of India’s first Livelihood Platforms with a mission to help candidates find rewarding work and help recruiters find the right talent to grow their business. We have also started providing staff management and payroll processing services on our platform for small and medium sized businesses. Our services ensure effective staff management so that businesses and employees can grow together.
Our country has been going through a tough time recently due to the pandemic and people had to suffer huge losses. Many companies were shut down, people lost their jobs and many even lost their loved ones. However, this plight also taught us a few lessons. The biggest lesson of all being that health is the most important thing of all and it should always be given number one priority.
Workex wanted to help all workers get medical protection against whatever illness or injury befalling them or their family members. We believe that everyone has the right to proper healthcare regardless of their social status or financial situation.
That is why we partnered up with Onsurity to make that dream a reality of providing healthcare benefits to all workers in the country. Our collaboration with Onsurity will help small and medium business owners and managers in providing affordable healthcare benefits to their employees.
TeamSure – Collaboration with Onsurity
Workex partners with Onsurity to introduce TeamSure for businesses that will provide complete healthcare to your entire staff. Along with this, it will also provide discounted online, lab tests, teleconsultations, group health/term/accident insurance and many more benefits.
TeamSure is the first monthly subscription health program by a digital platform in India that works on usage-based pricing. Below are some of the benefits included in the program:
Group Health Insurance with Covid-19 cover, Group Term Life and Accidental Insurance;
Monthly Payment – No block of working capital;
All benefits can be availed by staff, freelancers, temporary employees, and contractors;
Onboarding is fully digital with a dedicated dashboard for staff management.
TeamSure is designed to provide healthcare in an affordable and easily accessible manner and many organizations have already joined with us in this venture. Some of them are Apay – Smart Store, Bombay Shaving Company, Delhivery, Gomechanic, Natures Basket, and Parkplus. Our clients get offered two plans with TeamSure, Ruby+ and Onyx and they can choose one of them according to their budget and preferences.
This partnership with Onsurity will not just help in promoting better attitude towards health and wellness at the workplace but also help in building trust between the managerial staff and the employees. This will lead to motivating the employees to be more productive and thus, allowing the workplace to be healthier and happier for all.
Features of TeamSure for employers and employees
The healthcare plan brought by Workex in collaboration with Onsurity comes with bountiful features for both employees and employers. Let’s take a look at them here:
Monthly membership starting at Rs 145 per employee
Discounts on teleconsultations, medicine orders, lab tests along with fitness tracking
Digital platform with dashboard for easy team management
Group health insurance for members with Covid-19 cover
No paperwork, no legal hassles
Option to add family members to plan
Membership available for all team members: employees, freelancers, and contractors
Assistance for claims during hospitalization
Medical assistance from expert doctors
At present, Workex is also offering an exclusive 25% off on your subscription for the first 3 months.
Onsurity’s vision is to provide simplified healthcare benefits to all organizations in India so that their employees obtain complete healthcare without any restrictions and enable a healthy workplace environment. Onsurity has partnered up with 1000+ SMEs and offered healthcare to 95,000+ members. Onsurity believes that when an organization provides proper healthcare amenities to its employees, that organization is bound to grow faster and better.
Workex is extremely proud to be collaborating with Onsurity and helping organizations to have an affordable healthcare program in place for their staff members laden with benefits for both employees and employers.
For more details about the healthcare plans, be sure to reach out at [email protected].
ESIC or Employee State Insurance Corporation is responsible for managing the ESI scheme or Employee State Insurance scheme. It is an autonomous body created by the Government of India under the Ministry of Labour and Employment in 1948.
The ESI calculation is essential payroll compliance in India for certain industries and entities. This article aims to provide a well-detailed guide on the ESI scheme for employers so that all their questions regarding ESI are answered here.
What is the ESI Scheme?
ESI scheme is an insurance cover for employees in India in order to protect them and their family members/dependents with medical care. It was passed under the Employees’ State Insurance Act, 1948, also known as the ESI Act. It was the first major legislation passed by the Parliament on Social Security for workers after India’s independence.
ESI offers various cash benefits during loss of salary due to disability and also offers pension to the dependents of the employee in the case of death or disablement due to employment injury. It is important to note that ESI makes up for one of the most essential payroll compliances in India along with EPF, PT, and TDS.
Which entities are covered under ESI scheme?
The ESI Act of 1948 provides medical cover among other benefits to the employees working in the following establishments and organizations:
hotels and restaurants
private educational or medical institutions
organizations where 10 or more workers are employed
Thus, under the ESI Act, the employees working at the above establishments and earning up to Rs 21,000 per month are entitled to the ESI scheme.
What is the applicability and extent of coverage of ESI?
ESI is applicable to all parts of India and covers all establishments that are enlisted under either the Factories Act or under the Shops and Establishments Act with 10 or more workers. Under the scheme, every employee must be covered by their employer as long as they are under the wage threshold of Rs 21,000.
Documents required for ESI registration
The following documents are required for ESI registration:
Registration certificate of the establishment acquired under:
Factories Act, or
Shops and Establishment Act
Certificate of Registration in case of Company, and Partnership deed in case of a Partnership.
Memorandum of Association and Articles of Association of the company
PAN Card of the Business Entity as well as of the employees
List of all employees working in the business
Salary details of all the staff members
A cancelled cheque from the Bank Account of the company
List of Directors and list of shareholders in the company
Records showing the attendance of all of the employees
Step-by-step process of ESI registration
The process of ESI registration is done fully online by the employers and no physical application is needed. Here are the steps as to how you can register your company with ESIC:
Firstly, you need to go to the ESIC Portal and click on the ‘Login’ button.
On the resulting page, you will need to click on the ‘Sign Up’ option.
Next, you need to enter the name of your company and your name along with state, region, email address, and phone number.
You will need to check a box confirming that your establishment is under an exclusive labour contract, manpower suppliers, security agencies or contractors supplying labour categories.
When you are done, click on the ‘Submit’ button. Then, you will receive an email with your login information.
So, you will now need to visit the ESIC Portal again to login with your new credentials.
For registration of new employee
When a new employee joins your company or factory, here is how you can register them on ESIC:
After you have logged into the ESIC Portal, you need to click on the option, ‘New Employer Registration’.
Then you need to select the type and click on the submit button.
The next page will require you to enter the name of the unit, complete the postal address of the establishment and the police station under whose jurisdiction your unit is located.
You need to specify whether the building or the premises of the establishment is owned or rented. When done, go to ‘Next’.
On the next webpage, you have to enter the nature of the business and its category including the PAN details and other information. Click on ‘Next’ when done.
Then you will need to enter the date of commencement of the establishment and license details (if any).
You will also need to select the constitution of ownership and owners’ details. Then ‘Save’ the details and click on ‘Next’.
Now you will need to enter the number of employees in your staff and the number of employees with income less than Rs 21,000. When you have done that, click on the ‘Save’ option to save the details.
The new webpage will ask you to enter the date when the first 10/20 workers were hired. After that, go to ‘Employee Declaration Form’.
If the insured person is already registered, select the ‘Yes’ option and fill in the IP Number and date of joining. If the insured person is not registered, select the ‘No’ option and go to ‘Continue’.
For submitting, enter the name of the IP, their father’s name, address, date of birth, gender, marital status, family details, and date of joining.
Then click on the checkbox before clicking on ‘Submit’.
When you are done filling in all the details, click on the ‘Close’ option on the new page.
For downloading Challan for future reference
The next page on your screen will require you to select the respective ESI branch office and the inspection division
Then click on the checkbox that confirms that the information you provided is correct and then click on the ‘Submit’ button to be redirected to the new page.
The subsequent page will require you to click on the ‘Pay Initial Contribution’ option and then click on ‘Submit’. This will provide you with a Challan Number that you will be able to use for future reference.
Next, you need to click on ‘Continue’ to get redirected to the payment page.
Once you have completed the payment process, you will be provided with a system generated ESI Registration Letter known as C-11, which will be sent to your email. This C-11 will act as proof that you have registered your company with the ESIC.
What are the ESI contribution rates?
The ESI scheme is contributory in nature and requires contributions from both the employer and the employee. Here are the present contribution rates for employer and employee:
Employer’s Contribution (%)
Employee Contribution (%)
How to make ESIC payments online?
Making your ESIC payments online is now incredibly easy on the ESIC portal. The ESI contribution payment deadline is the 15th of every month, so make sure that you pay the contribution before that. The contributor needs to have an active SBI bank account for paying the ESI contribution. Here are the step-by-step instructions for making ESIC payments online:
Firstly, you need to log in to your ESI account using your login credentials.
Then navigate to the ‘Online Monthly Contribution Screen’ and click on the ‘Preview’ button.
This will allow you to check the personal details that you have previously filled in. Once checked, you can click on the ‘Submit’ button for submitting the monthly contribution details to ESIC.
Employers are also allowed to manually type the contribution of each employee and upload MS Excel files as an attachment.
You can carry out the payment using online payment through SBI internet banking only. So, you need to click on the ‘Pay Online’ option and then select the ‘OK’ button.
Don’t forget to save the generated Challan number for future reference and then continue the payment process.
After your payment is completed, you will see a confirmation message displayed on the screen.
Salary Components applicable to ESI deductions
ESI contributions are calculated on the gross monthly salary of the employee. Gross Salary is the total earnings of an employee while working on their job prior to any kind of deductions like taxes, health insurance, social security, etc.
When ESI calculation takes place, the salary includes all the monthly payable amounts such as:
City compensatory allowance
House Rent Allowance (HRA)
Attendance and overtime payments
Other special allowances
However, it is important to note that the gross monthly salary does not include Annual Bonus, Retrenchment compensation, and Encashment of leave and gratuity.
Let’s take an example:
For ESI calculation, you need to consider various elements of an employee’s monthly salary such as Basic Pay, Dearness Allowance, City Compensatory Allowance, Attendance and Overtime Payments, HRA, Incentives, Uniform Allowance, Meal Allowance, and other special allowances.
An employee has a gross salary of Rs 10,000 per month.
The employer’s contribution to ESIC will be = Rs 3.25/100 x 10,000 = Rs 325
The employee’s contribution to ESIC will be = Rs 0.75/100 x 10,000 = Rs 75
Therefore, in this case, the total contribution to ESIC in one month will be Rs 400
Returns filed every year after the registration is finalised
Here is a list of returns that are filed every year once your registration with the ESIC is complete:
Register of Attendance of the Employees
Register of wages.
Monthly returns and challans.
Register for any accidents which have happened on the premises of the business.
Form 6 – Register.
The monthly contribution to ESI is required every month and is due on the 15th of every month. Thus, the employer needs to pay both their and the employee’s monthly contribution before the due date.
Apart from this, the employer also needs to file an ESI return on a half-yearly basis. The due dates for filing half-yearly ESI returns are as follows:
April to September – 11th November
October to March – 11th May
These dates are sometimes extended by the ESIC and they release an official notification, whenever that happens.
Penalty for non-payment or late payment of contributions
Employers who fail to pay monthly contributions on time will be penalized. They will have to pay a simple interest of 12% per annum for each day of delay payment in addition to the contribution amount.
Non-payments or false payments from employers may result in imprisonment up to 2 years or a fine of up to Rs 5,000 under the ESI Act.
Benefits under ESI
There are many benefits for the Insured Person under ESI including:
If you wish to know more about the benefits, you can check out Everything you need to know about ESI.
How does an automated payroll software help in ESIC implementation
ESI can be a lot of hassle if managed and calculated manually. It involves excessive desk work and filling in challans and structures on paper and then submitting them to banks. Managers of small businesses find this extremely tedious and time consuming. Not to mention, manual calculation of ESI and payroll can lead to payroll errors.
This is why ESIC recommends online filing and payments. Moreover, it can be of huge help if you use automated payroll software online for accurate processing of payroll of all employees while taking care of legal compliances and tax deductions.
Workex provides one of the best options for payroll outsourcing in India. Our automated payroll software makes payroll and compliance management incredibly easy by providing the following features:
Accurate PF, ESI, and other statutory calculations
Ensuring 100% compliance with all legal requirements
Taking care of tax deductions while payroll processing
Accurate payroll calculation of each employee
Our payroll management system is available on Workex app, which you can install from Google Play Store.
This is a complete guide about ESI, giving all the information that an employer needs to know about ESI. The Indian government has made it mandatory for certain establishments to be registered under ESIC and follow all the rules under ESI Act including proper payments of monthly contributions. Therefore, every employer must know about the ESI in detail and this guide is meant to help you with that.
The government of India has recently launched a new portal for income tax e-filing. But before you use the portal to file your income tax return, you must make sure that you have all the documents for income tax return.
The new portal for filing ITR is available on www.incometax.gov.in and it will be replacing the old portal. It is supposed to be much more user-friendly for taxpayers. So, if you are thinking of visiting the new portal for filing your income tax returns but are unsure of the documents required, we are here to help you.
In this article, we will be providing you with a document checklist for filing income tax returns so that you can easily have all the documents prepared and ready before you file your tax returns.
Types of income that are liable to tax
Here are the types of income that are liable to tax:
Income from Salary
Income from Property
Income from Capital Gain
Income from Business and Profession
Other sources of income
List of required documents for income tax return
Now, let’s take a look at the list of required documents for filing ITR (Income Tax Return):
Form 16 or TDS
TDS (Tax Deducted at Source) Certificate or Form 16 forms the basis for income tax e-filing. The employer is supposed to provide this form to the employees after providing you with the information related to your income tax returns. TDS takes into consideration your monthly income, allowances, and deductions.
Taxpayers who receive a monthly income should keep their salary slips safely whenever they receive their salary. The salary slip entails the basic details of your salary like your basic salary, Dearness Allowance (DA), TDS amount, House Rent Allowances (HRA), Travelling Allowances (TA), Provident Fund,standard deductions, etc. When you are filing your income tax returns, these details are essential and thus, salary slips are required for the process.
Form 26AS or the annual consolidated statement entails all your tax-related information. The form also includes information about the tax which is deducted at source, details of advance tax, and details of Annual Information Return (AIR). So, it is one of the very important financial documents for income tax return e-filing.
Form 16A is a certificate of TDS that includes the amount of TDS and the TDS payments deposited. Employees get to receive this form when their bank deducts TDS on the interest income that they have earned from Fixed Deposits. TDS is also liable on rent receipts, insurance commission, or any other form of income, and Form 16A is the one form that mentions all kinds of TDS deducted and deposited on various sources of income. The form also includes the name and address of the deductor and deductee, their PAN details, TAN details of the deductor, and details of payment.
You should also have your PAN card ready with you as it is one of the most important documents for income tax filing. The details of your Permanent Account Number (PAN) act as your identity proof when filing for ITR.
Section 139AA of the Income-tax Act states that all individuals filing for Income Tax Return must provide their Aadhaar details. Therefore, it is absolutely essential to have your Aadhaar Card ready with you for e-filing of your income tax returns.
Deductions under Section 80D to 80U
Individuals filing for income tax returns online are also allowed to claim exemptions under Section 80D to 80U of the Income Tax Act and not just the standard deductions under Section 80C.
Capital Gain Statement
You are also required to obtain a capital gain statement if you have invested in shares, or mutual funds, etc. You can get the statement issued from your broking company. The capital gain statement includes the details of all your short-term capital gains. Although your long-term capital gains may not be liable to tax, still they must be mentioned in your capital gain statement.
Therefore, the pointers listed above are all the required documents for income tax return e-filing. You must make sure that you have up-to-date versions of all of these documents. Once you have the documents ready, you can either file the income tax returns yourself or you can take the help of Workex. Our trusted team will duly fill up your ITR application for you and save your precious time and effort.
The first thing in the mind of every fresher is getting a job. But, jobs for freshers are not at all as abundant as the number of freshers graduating each year in India. This is a major cause of stress for the freshers in India.
Not many platforms provide jobs for freshers in India and if you are also wondering where to find jobs for freshers, Workex is the answer. So, if you are a fresher and are in need of a job, read this article and then sign up on Workex today. In this article, we will discuss how a fresher can find a job at Workex.
Tips on finding jobs for freshers on Workex
The tips mentioned below would help a fresher such as yourself find a job on our platform. So, let’s look at how to find fresher jobs on Workex:
Complete your Workex profile
Signing up on Workex and creating an account only will not land you a job. There are many users who create an account on our app or website and think that their job is done. But it is not so.
If you have an account on Workex with an incomplete profile, you will hardly get any job offers. If you want recruiters to get in touch with you, you should have a completed profile.
You are a fresher, which you may not have any work experience at all and this is why it is absolutely necessary for you to complete your profile. So, it is advisable to fill out as many fields as possible so that recruiters are able to see your profile in searches and then contact you for job openings.
Make your CV as appealing as possible
You obviously know that you need a CV or a resume to apply for jobs. However, not every CV is read completely by a recruiter. It is said that a recruiter only spends an average of 5-7 seconds on a CV. So, your CV is expected to attract the eye of the recruiter in such a short amount of time.
Therefore, what you need to do is figure out what recruiters from your industry look for. There are certain words and phrases that can make your CV appealing to a recruiter. You must be aware of them and incorporate them in your CV as much as possible.
There is also a certain format and order to be followed as it attracts the eye of recruiters. Your CV represents you, so you need to make sure that it has a personality of its own, one that closely matches yours.
Therefore, before creating your CV and uploading it on Workex, you must research first and create a CV that is desired by recruiters.
Do not leave important fields in your profile blank
Workex’s algorithm is designed to match suitable candidates with suitable recruiters. So, if you complete your profile properly, we will find recruiters and job vacancies for you.
But, to benefit from this feature at Workex, you need to make sure that you haven’t skipped any important fields in your profile. If you do that, our algorithm will not be able to find suitable jobs for you and this will make your job search harder.
For instance, many recruiters have a prerequisite of educational qualification in their search and if you haven’t properly completed that section, your profile will not display in the search results.
Therefore, in order to make the most of your Workex account, make sure that you fill all the important fields properly and carefully.
Be active on Workex
Landing interviews depends a lot on how active you are on a job search platform like Workex. We keep track of your activity levels and recruiters are more likely to reach out to you if you are considerably active on the platform.
If you are very active on Workex, the recruiters get the impression that you are serious about finding a job. This also shows that you are a dedicated person and you don’t do anything half-heartedly.
It is recommended that you log in to your Workex account at least once a week if you want to get a fresher job faster.
Ensure that your Workex profile is updated
When you keep your profile regularly updated, you increase your chances of attracting better job opportunities. So, whenever you gain any kind of experience or you learn a new skill or get a new achievement, make sure to update it in your Workex profile. Updating your profile regularly means that recruiters suitable for you will be able to find you much easier now.
Don’t ignore the messages from recruiters
Recruiters may directly contact you for a job opportunity or might reply to your application. When this happens, it is important that you do not leave them hanging and reply to them as soon as you receive the message.
If you reply after days, it’s possible that the recruiter contacted someone else in the meantime and they got the job. Not to mention that not replying to the messages from recruiters leaves a bad impression about you in the minds of recruiters. So, if you don’t want to miss great opportunities offering great jobs for freshers, try to reply to recruiters as soon as possible and regularly check your messages.
Thus, if you are looking for jobs for freshers, Workex is certainly here to help you as much as possible. However, to use our services to their full potential, you must follow the tips mentioned in this article. This will enable you to get the job you want much faster than before.
If you haven’t yet signed up on our platform, go to our website right now or install the Workex app from Google Play Store on your smartphone and create your account. We make job searching, applying for jobs, and scheduling interviews incredibly easy. You just have to make sure that you use Workex the right way and you will certainly get the desired job.
Workex wishes you the best of luck in your job search and your career.
We understand that getting a job after a career break in India is not an easy task and that is why we have created this article to help you in your job hunting journey.
A career break is a common occurrence in India and it can either be a voluntary break or a required break due to various situations. For instance, sometimes new parents take career breaks to spend time taking proper care of their kids. Sometimes a career break is caused when people move to different cities or countries or when a family tragedy occurs. Whatever the reason may be, a career break is not a rare phenomenon and many people worldwide take a short or a long break from their work life.
Needless to say, when such people wish to come back from their breaks, finding a new job is not always easy. It takes perseverance, patience, and strong willpower to find a good job.
8 Tips for getting a job after a career break in India
If you are someone planning to return to the workforce after taking a hiatus but don’t know how to enter the market, we are here to help you with a few tips.
Analysing your job needs
After coming back from a career break, you have to first think about what you are looking for in a job. Do you want a job similar to your old job or are you looking for a change? Think about the hours you can dedicate to work and the salary you are expecting. When you will have the answers to these questions, then you can begin your job search because then you will know exactly what you are looking for.
Analysing your desired industry
When you know what industry you want to enter, the next step is to research the industry. This will help you figure out what are the current status, trends, and requirements of your desired industry. You need to look up the latest trends and developments along with the average salary range offered to the people working in the industry.
Now, you can match what you are looking for in your career and what the industry is offering. If you are satisfied with the industry, then you can see if you have the desired skills, qualifications, and experience to get in the industry. After this, you can plan your next steps.
Developing your skills
Now that you have figured out what kind of skills you need to get into your desired industry, you have to work on gaining them. Since you had a break in your career, you must entice companies by developing the skills you already have and gaining new ones as well.
Remember that do not waste your time learning all kinds of skills. Focus on the most important skills that are required in the field and become a master of them. You can spend your career break working on your skills so that when you come back, you are ready to enter the job market again with an attractive profile.
Many job seekers will tell you that job hunting is in itself a full-time job. So, it is important to research and plan extensively. Plan how you are going to start your job search. Social media is a great way to see how other job seekers are going on about their search.
You can join Facebook groups where people share tips and tricks to get into a specific industry or job. They also share job vacancies in these groups. This will help you in planning your job search because when you plan it, you will see results quicker.
There is no doubt that for getting a job after a career break in India, networking is the most ideal way. Networking can land you an interview easily without spending hours every day searching and applying for jobs. Therefore, when you return to the corporate world, it is advisable to get in touch with your old connections.
Communicating with connections from your professional life can be extremely beneficial for you. These connections can be your previous bosses, ex-colleagues, ex-clients, or even your family and friends. You can also attend networking events either online or offline where you can meet industry professionals and establish a professional relationship with them.
Networking will not only help you in finding a job but will also guide your career in the long run. So, networking is always a worthwhile endeavour.
Your CV must be the best representation of you. It should highlight all your major achievements, your top skills, along with your qualifications and experience. More often than not, your CV is the first impression the company will have of you. So, work on building a brilliant CV before you start applying for jobs.
There are lots of templates available online to help you in your CV building process. It is advisable to look at the CVs of successful candidates from your industry. This will help you in creating a CV desired by the companies.
Finding the best Job search platform
There are innumerable job boards on the internet to help you in finding your ideal job. You need to find a platform that is ideal for you considering your job search needs. The job search platform you choose must have jobs from your desired industry and the jobs should be legitimate.
Workex is a great platform to search among thousands of jobs and find your ideal job. So, if you are looking for a suitable job search platform, make sure to check out Workex.
Coming back from a career break can mean that you have lost touch with interview skills. Moreover, the thought of giving interviews after years can make you nervous. Therefore, it is important for you to learn the art of giving interviews again.
If you are worried about the question about your career gap, you must prepare your answer beforehand. After explaining why you took the gap, you can steer the conversation to your achievements and the new skills you have developed.
How Workex helps in job search
Workex is one of the top job search platforms in India and we provide legitimate jobs at great companies from all over the country. Our user-friendly interface makes the entire job search process incredibly easy. You can easily search for your ideal jobs in your desired location and your desired industry. Our platform allows you to directly contact the recruiter through Whatsapp.
You can look for jobs on our website as well as on the Workex app, available to install from Google Play Store. We also help you in easy scheduling of interviews and you can ask for our help whenever you need it through the chatbot available on our platform. We also have Career TV videos on our platform that are aimed to help you in developing your skills and preparing for interviews.
Hence, getting a job after a career break in India is not so hard if you follow the tips mentioned above. Workex is also here to help you in your entire job hunting journey. Go to our website or install the app today for free and set your dream career in motion.