EMPLOYEE BENEFITS

EMPLOYEE  BENEFITS

 JNNCE is extending following Employee benefits for its employees :

It is a defined benefit plan and is one of the many retirement benefits offered by the employer to the employee upon leaving his job. An individual who has worked in an organization for a minimum period of 5 years is eligible for this benefit. This calculation is based on his/her average salary, dearness allowance and number of years he / she worked in the organization. 

JNNCE is extending Gratuity of Rs.20,00,000/- ( maximum amount) to all its employees as per Govt of India notification. Refer JNNCE Human Resource Manual for more details.


 Employee Provident Fund (EPF) & Employee Pension Scheme schemes are provided to all the eligible employees as per Central Government norms. Under the EPF scheme, 12% of an employee's monthly salary + dearness allowance is deducted towards EPF. The employer also contributes 12% which is split into 8.67% (towards Employees Pension Scheme or EPS) and 3.3% which goes towards EPF.

 JNNCE is extending Employee Provident Fund (EPF) & Employee Pension Scheme to all its employees as per Govt of India notification as above.


 ESI Medical Benefits. Employees' State Insurance or ESI is a comprehensive social security program for workers in the event of medical contingencies, such as sickness, maternity, death or disablement due to employment injury and occupational disease.

 JNNCE is extending ESI facility for all the employees earning salary less than Rs. 21,000/- per month.


 All JNNCE Employees are covered under Group Personal Accident Insurance with Sum Assured of Rs.600000/-,   Accidental Hospitalization expenses of (Minimum 24 hrs In hospitalization) up to Rs 100,000/-  and Rs 20,000 /- for OPD Treatment or actual claims whichever is lower.

 More details in : http://jnnce.ac.in/jnndemo/accidentalinsurance.html


Lady employees can avail 180 days of maternity leave with full salary and the interval between two such leave shall not exceed 3 years and shall not exceed two occasions during the service period of the employee.

 JNNCE is extending Maternity Leave benefits to all the eligible employees as per Government notification.


 Male employees can avail 7 days of paternity leave with full salary and the interval between two such leave shall not exceed 3 years and shall not exceed two occasions during the service period of the employee.

 JNNCE is extending Paternity Leave benefits to all the eligible employees as per Government notification.


 JNNCE is providing Advance Salary benefit to all employees and this policy enables regular employees to avail advance salary facility for specific reason such as Medical exigency, Marriage, Children Education or any other reason that the NES management will take a final decision. Upper limit for Advance Salary benefit is 3 month salary or Rs.50000/- whichever is lower. This Advance Salary shall be recovered in 20 monthly  installments.

 Refer JNNCE Human Resource Manual for more details.

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