Skip to Content
0
Former Member
Mar 09, 2009 at 10:41 AM

ESI Basis and ESI

43 Views

Hi,

I need to consider the Overtime wagetype for the purpose of calculating the technical wagetype for the monthly ESI (/3E1), But it should be excluded in the ESI basis (/112) to find the ESI eligibiltiy.

For eg.,

Basic = 8000

Conveynace = 500

Overtime = 1000

For ESI Basis (/112) = 8000 + 500 = 8500

For calculation it should be like this ESI

(/3E1) = ESI Basis (/112) 8500 + Overtime (1000)

/3E1 = 9500 * 1.75%