Elevate Your HR Management with Viriksha HR Solutions

  𝐄𝐏𝐅 𝐃𝐞𝐚𝐭𝐡 𝐂𝐥𝐚𝐢𝐦 𝐒𝐞𝐭𝐭𝐥𝐞𝐦𝐞𝐧𝐭: 𝐒𝐭𝐞𝐩-𝐛𝐲-𝐒𝐭𝐞𝐩 𝐏𝐫𝐨𝐜𝐞𝐬𝐬 𝐆𝐮𝐢𝐝𝐞 In the unfortunate event of an employee’s death, timely settlement of statutory benefits is critical to ensure financial stability for the family. Below is a clear and structured guide to help HR teams, employers, and dependents navigate the EPF, EPS, and EDLI claim process efficiently. 1️⃣ 𝗕𝗲𝗻𝗲𝗳𝗶𝘁𝘀 𝗣𝗮𝘆𝗮𝗯𝗹𝗲 𝘁𝗼 𝗡𝗼𝗺𝗶𝗻𝗲𝗲𝘀 / 𝗟𝗲𝗴𝗮𝗹 𝗛𝗲𝗶𝗿𝘀 ✅ Employees’ Provident Fund (EPF) – Full PF balance payable to the nominee or legal heir. ✅ Employees’ Pension Scheme (EPS) – Monthly pension for eligible dependents (spouse, children, or parents), or – Withdrawal benefit if pension eligibility conditions are not met. ✅ EDLI (Employee Deposit Linked Insurance) – Life insurance benefit up to ₹7,00,000, subject to EPFO rules and service period. 2️⃣ 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝗯𝗹𝗲 𝗘𝗣𝗙𝗢 𝗖𝗹𝗮𝗶𝗺 𝗙𝗼𝗿𝗺𝘀 📄 Form 20 – EPF final settlement 📄 Form 10D – Monthly pension cla...

  𝐄𝐱𝐞𝐜𝐮𝐭𝐢𝐯𝐞 𝐒𝐞𝐚𝐫𝐜𝐡 𝐈𝐬 𝐍𝐨𝐭 𝐉𝐮𝐬𝐭 𝐒𝐞𝐧𝐢𝐨𝐫 𝐑𝐞𝐜𝐫𝐮𝐢𝐭𝐦𝐞𝐧𝐭 Many companies treat executive search as an upgraded version of recruitment. That assumption is wrong — and costly. Senior recruitment fills positions. Executive search protects business direction. The difference matters more than ever in 2026. 𝟭. 𝗦𝗲𝗻𝗶𝗼𝗿 𝗥𝗼𝗹𝗲𝘀 𝗗𝗼𝗻’𝘁 𝗘𝗾𝘂𝗮𝗹 𝗟𝗲𝗮𝗱𝗲𝗿𝘀𝗵𝗶𝗽 𝗜𝗺𝗽𝗮𝗰𝘁 Hiring a senior title based on past designation or brand names is lazy hiring. Executive search evaluates decision-making ability, strategic thinking, and execution under pressure. Experience alone does not guarantee leadership effectiveness. 𝟮. 𝗘𝘅𝗲𝗰𝘂𝘁𝗶𝘃𝗲 𝗦𝗲𝗮𝗿𝗰𝗵 𝗜𝘀 𝗔𝗯𝗼𝘂𝘁 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗢𝘂𝘁𝗰𝗼𝗺𝗲𝘀 CXOs influence revenue, culture, compliance, and long-term growth. A wrong leadership hire can derail years of progress. Executive search focuses on outcome ownership — P&L responsibility, governance maturity, and scale-readiness — not just ski...

  𝐏𝐚𝐲𝐫𝐨𝐥𝐥 𝐄𝐫𝐫𝐨𝐫𝐬 𝐀𝐫𝐞 𝐍𝐨𝐭 𝐇𝐑 𝐌𝐢𝐬𝐭𝐚𝐤𝐞𝐬 — 𝐓𝐡𝐞𝐲’𝐫𝐞 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐑𝐢𝐬𝐤𝐬 Payroll errors are often dismissed as “HR issues.” That mindset is dangerous. In reality, payroll mistakes are business risks that directly impact cash flow, compliance standing, employee trust, and leadership credibility. 𝟭. 𝗣𝗮𝘆𝗿𝗼𝗹𝗹 𝗘𝗿𝗿𝗼𝗿𝘀 𝗗𝗮𝗺𝗮𝗴𝗲 𝗧𝗿𝘂𝘀𝘁 𝗙𝗮𝘀𝘁𝗲𝗿 𝗧𝗵𝗮𝗻 𝗔𝗻𝘆 𝗣𝗼𝗹𝗶𝗰𝘆 Incorrect salary credits, wrong deductions, or delayed payments erode employee confidence immediately. Once trust is broken, engagement drops, attrition rises, and productivity suffers. No culture initiative can fix a payroll problem. 𝟮. 𝗖𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲 𝗙𝗮𝗶𝗹𝘂𝗿𝗲𝘀 𝗜𝗻𝘃𝗶𝘁𝗲 𝗟𝗲𝗴𝗮𝗹 𝗮𝗻𝗱 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗘𝘅𝗽𝗼𝘀𝘂𝗿𝗲 Errors in EPF, ESI, TDS, or statutory filings don’t stay internal. They trigger notices, penalties, audits, and in some cases, retrospective liabilities. What looks like a “small payroll miss” can turn into a long-term co...

  𝐑𝐞𝐜𝐫𝐮𝐢𝐭𝐦𝐞𝐧𝐭 𝐯𝐬 𝐓𝐚𝐥𝐞𝐧𝐭 𝐀𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧: 𝐀 𝐂𝐨𝐬𝐭𝐥𝐲 𝐂𝐨𝐧𝐟𝐮𝐬𝐢𝐨𝐧 Many organizations still treat recruitment and talent acquisition as the same function. This confusion looks harmless—but it silently drains money, slows growth, and increases attrition. In a competitive Indian market, misunderstanding this difference is a strategic mistake. 𝟭. 𝗥𝗲𝗰𝗿𝘂𝗶𝘁𝗺𝗲𝗻𝘁 𝗦𝗼𝗹𝘃𝗲𝘀 𝗧𝗼𝗱𝗮𝘆’𝘀 𝗣𝗿𝗼𝗯𝗹𝗲𝗺 Recruitment is transactional. A role opens, resumes are sourced, interviews are conducted, and the vacancy is filled. It focuses on speed and immediate closure. This approach works for urgent, short-term needs—but breaks down when businesses scale. 𝟮. 𝗧𝗮𝗹𝗲𝗻𝘁 𝗔𝗰𝗾𝘂𝗶𝘀𝗶𝘁𝗶𝗼𝗻 𝗕𝘂𝗶𝗹𝗱𝘀 𝗧𝗼𝗺𝗼𝗿𝗿𝗼𝘄’𝘀 𝗖𝗮𝗽𝗮𝗯𝗶𝗹𝗶𝘁𝘆 Talent acquisition is strategic. It aligns hiring with business goals, future skills, leadership pipelines, and workforce planning. It answers long-term questions: What skills will we need next year? Which ...