Pension fund is known as EPF (Employees’ Provident Fund Organisation) and is managed by central government. Contribution to this fund is made by the employee and the employer equally. Each employee is provided a Universal Account Number (UAN), meaning the employee’s provident fund contribution remains in one account even in the occurrence of multiple job changes.
The employer isn’t required to pay any sickness allowance to employees. However, employees are entitled to apply for paid sickness leave. They may have up to 15 paid sick days per year, paid at 70% of their average daily wage.
An employee must provide a medical certificate from a doctor if they’re absent from work for more than three consecutive days. In the case of an employee having an emergency or sudden sickness, they must notify the employer immediately.
Progressive employers offer health insurance policies from any well-known insurance agency for employees who aren’t covered under the ESIC scheme.
Maternity & paternity
Maternity leave is only required to be given to employees who have worked for the employer at least six months prior to the delivery date. Women receive 100% of their average wages in the six months prior to the birth for a total of 26 weeks for their first two children and then for a total of 12 weeks for every child after that.
Paternity leave isn’t yet legalised in India but based on many employer decisions, the employer usually provides five to 15 days of paid leave to male employee as paternity leave.