Why ESI and PF Are Game Changers in Recruitment
In today’s fast-paced hiring environment, job seekers are no longer focused solely on salary. Job seekers are increasingly focused on the benefits and support systems companies provide — and it's easy to see why Among these, Employees’ State Insurance (ESI) and the Provident Fund (PF) play a crucial role, especially in India’s formal workforce. These statutory benefits don’t just support employee welfare — they can also be powerful tools in your recruitment strategy. 🛡️ Understanding ESI and PF ESI provides eligible employees (earning up to ₹21,000/month) access to medical care, maternity benefits, disability cover, and more, through a government-backed insurance model. PF is a savings system where both employer and employee contribute a fixed percentage of wages toward a retirement fund, offering long-term financial security. 📈 Why These Benefits Matter to Recruiters and Candidates 1. Enhancing Employer Reputation Companies that provide statutory...