PF and ESI registration
Every firm has to prioritize the welfare of its workforce. Your staff can receive essential social security benefits with PF (Provident Fund) and ESI (Employee State Insurance) registrations. The process of registering is made easy and uncomplicated at Power of Factorial Business Solutions.
What is PF Registration?
The Provident Fund (PF) is a social security system that helps employees save a portion of their salary for future needs. Both employers and employees contribute to this fund, which can be used in times of retirement, illness, or other emergencies.
What is ESI Registration?
Employee State Insurance (ESI) offers medical coverage and health insurance to employees who earn below a certain salary threshold. In the case of a health emergency, it offers cover for medical costs, maternity benefits, and disability benefits, ensuring your workers’ safety.