HR Glossary

What is ESI - Employee State Insurance?

India's social security scheme providing medical, disability, maternity, and unemployment benefits to employees earning up to Rs. 21,000 per month, funded by mandatory contributions from both employers and employees.

Why it matters in hiring

ESI - Employee State Insurance comes up whenever teams compare candidates, set policy or report on people data. Getting the definition right keeps decisions consistent, which is the same reason springhire scores every applicant against the same criteria rather than on impression.

Related terms starting with E

• E-Verify
• Education Allowance (UAE)
• EEO-1 Report
• EEOC
• EI - Employment Insurance (Canada)
• eLearning
• Emiratization (UAE)
• Employee Assistance Program (EAP)

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