Glossary·HR & Payroll
What is ESI?
Employees' State Insurance, a mandatory contributory scheme providing medical and cash benefits to eligible Indian employees, funded by employer and employee contributions on wages.
Where this shows up
ESI is handled directly inside OfficePro 360, hrms, projects and field force in one place.
See OfficePro 360Related terms
- PF & UAN
- Provident Fund is a mandatory retirement-savings deduction for eligible employees; the Universal Account Number (UAN) is the portable ID that links an employee's PF across jobs.
- Form 24Q
- The quarterly TDS return an employer files for tax deducted from employee salaries, reporting deduction and deposit details to the income-tax department.
- HRMS
- Human Resource Management System, software that runs the people side of a business: attendance, leave, payroll, employee records and often performance and onboarding.