Provident Fund (PF) Facility

At LaborPro, we offer the Provident Fund (PF) facility to ensure our employees have a secure financial future. The PF is a government-managed retirement savings scheme where both the employee and employer contribute a percentage of the employee's salary.

Key Benefits of PF

• Retirement Savings: Accumulated funds provide financial security after retirement.
• Interest Earnings: Earns interest annually, boosting savings.
• Tax Benefits: Contributions and interest earned are tax-exempt under specific conditions.
• Withdrawal Flexibility: Partial withdrawals allowed for certain purposes like education, home purchase, and medical emergencies.

For more information, please contact our HR department or visit the EPFO website.

Gratuity Facility

At LaborPro, we value the dedication and service of our employees. As a token of appreciation, we provide the Gratuity facility, a monetary benefit given to employees as a lump sum upon retirement or resignation after completing at least five years of continuous service.

Key Points about Gratuity

• Eligibility: Minimum of five years of continuous service with the company.
• Calculation: Gratuity amount is calculated based on the last drawn salary and the number of years of service.
• Tax Benefits: Gratuity received is tax-exempt up to a specified limit under the Income Tax Act.
• Payment: Provided on retirement, resignation, or in case of death or disability due to illness or accident.

For more information, please contact our HR department or visit the Government Gratuity Portal.

FAOSD – First Aid for Occupational Injuries and Sickness

At LaborPro, the safety and well-being of our employees are of utmost importance. We have implemented the First Aid for Occupational Injuries and Sickness (FAOSD) program to ensure immediate and effective response to any workplace injuries or illnesses.

Key Points about FAOSD

• Immediate Response: Trained first aid responders are available on-site to provide immediate assistance.
• First Aid Kits: Comprehensive first aid kits are strategically placed throughout the workplace.
• Training: Regular first aid training sessions for employees to handle emergencies effectively.
• Documentation: All incidents are documented and reviewed to improve workplace safety.
• Awareness: Continuous awareness programs to educate employees about occupational health and safety.

For more information or to report an incident, please contact our Health and Safety department.

General Medical Care Policy

At LaborPro, the health and well-being of our employees are of utmost importance. Our General Medical Care Policy is designed to provide comprehensive medical support to ensure that all employees have access to necessary healthcare services.

Key Features

• Health Insurance: Comprehensive health insurance coverage for employees and their dependents. Includes hospitalization, surgeries, and specialist consultations.
• Regular Health Check-Ups: Annual health check-ups to monitor and maintain employee health. Preventive screenings for common health issues.
• First Aid and Emergency Care: On-site first aid facilities and trained personnel. Immediate response to workplace injuries and medical emergencies.
• Mental Health Support: Access to counseling services and mental health professionals. Programs to support mental well-being and stress management.
• Vaccination Programs: Periodic vaccination drives for employees. Ensuring immunization against common and seasonal illnesses.
• Health and Wellness Programs: Workshops and seminars on nutrition, exercise, and healthy living. Fitness programs and gym memberships.

Accessing Medical Care

• Employees can access medical services through our partnered healthcare providers.
• Health insurance claims can be processed through our HR department.
• For any medical emergencies at the workplace, contact the first aid team immediately.

By prioritizing health and medical care, we aim to create a healthier, more productive work environment for everyone. For more details, please reach out to our HR department.

Industrial Acts Related to Labour

In LaborPro, we strictly adhere to the various industrial acts designed to protect and empower our workforce. These acts ensure fair treatment, safety, and well-being of all employees.

Key Industrial Acts

• Factories Act, 1948: Ensures the safety, health, and welfare of workers. Regulates working hours, conditions, and facilities in factories.
• Minimum Wages Act, 1948: Guarantees minimum wages to skilled and unskilled laborers. Prevents exploitation by ensuring fair compensation.
• Industrial Disputes Act, 1947: Provides mechanisms for the investigation and settlement of industrial disputes. Ensures smooth employer-employee relations.
• Employees' Provident Funds and Miscellaneous Provisions Act, 1952: Mandates provident fund contributions by both employer and employee. Secures post-retirement financial stability for workers.
• Employees' State Insurance Act, 1948: Provides medical care and cash benefits in cases of sickness, maternity, and employment injury. Ensures social security for workers and their families.
• Payment of Gratuity Act, 1972: Ensures gratuity payment to employees who have rendered continuous service for at least five years. Provides a lump-sum payment as a form of gratitude for service.

These acts are integral to fostering a fair, safe, and productive working environment. For more details or queries, please contact our Human Resources department.