Financial support towards welfare measures:
- Employee Provident fund (EPF) is provided for the eligible staff by contributing both Employer and employee contributions every month as per the norms of the Government of India.
- Gratuity for both Teaching and Non-teaching staff up to 10 lakhs has been disbursed to the retired or resigned employees
- Extension of ESI benefits to non-teaching staff @4% of basic.
- Reimbursement of 5000/- of premium for Medical Insurance paid irrespective of the policy value for both Teaching and Non-Teaching staff.
- For all the Staff and Students, Management is providing a Personal Accidental Policy with a coverage of 5 Lakhs per member from a reputed Insurance company every year.
- Gifts to the Staff during special occasions and Festival advances for staff are provided by the Management.
- Implementation of Pay scales to Teaching and Non-teaching staff
- Management will donate an amount in the case of need of money to any Staff whose member of his / her family is in a medical emergency. In this regard, even some times staff also contributes.
Contribution of Employee Provident Fund (EPF):
|
S.No. |
Year | No. of Employees Benefitted by Provident Fund (EPF) Contribution |
PDF Link |
|
1 |
2023-24 | 218 | View Document |
|
2 |
2022-23 | 225 | View Document |
|
3 |
2021-22 | 226 | View Document |
|
4 |
2020-21 | 232 | |
|
5 |
2019-20 | 235 | |
|
6 |
2018-19 | 236 | |
| 7 | 2017-18 | 238 |
Gratuity contribution to all staff criterions:
|
S.No. |
Year | Gratuity Benefit availed by the number of staff | Total Amount | Amount Paid & Details |
Gratuity Payable Details |
|
1 |
2022-23 | 16 staff availed | 61,69,099/- | View Document | View Document |
|
2 |
2021-22 | 7 staff availed | 22,16,210/- | View Document | View Document |
|
3 |
2020-21 | 5 staff availed | 21,38,857/- | View Document | View Document |
|
4 |
2019-20 | 6 staff availed | 15.47,995/- | View Document | View Document |
|
5 |
2018-19 | 6 staff availed | 28,24,882/- | View Document | View Document |
ESI Contribution to the Non-Teaching and Support staff:
|
S.No. |
Year | ESI Contribution to the no. of Non-Teaching Staff |
PDF Link |
|
1 |
2022-23 |
27 |
|
|
2 |
2021-22 |
17 |
|
|
3 |
2020-21 |
18 |
|
|
4 |
2019-20 |
18 |
|
|
5 |
2018-19 |
19 |
|
|
6 |
2017-18 |
19 |
Health Insurance card -Premium Reimbursement to the eligible staff:
|
S.No. |
Year | Health Insurance Provision to the No. of Staff | Max. Reimbursement per person (Rs.) |
PDF Link |
|
1 |
2022-23 | 110 | 5000/- | |
|
2 |
2021-22 | 108 | 5000/- | |
|
3 |
2020-21 | 94 |
5000/- |
|
|
4 |
2019-20 | 86 |
5000/- |
|
|
5 |
2018-19 | 80 |
3000/- |
|
|
6 |
2017-18 | 35 |
3000/- |
Group –Personal Accident Policy to the Staff : ( For 5 Lakhs Coverage per member)
|
S.No. |
Year | Insurer | Sum of Rs per Person | Number of Staff | Total amount spent |
PDF link |
|
1 |
2023-24 |
M/s Alliance Insurance Brokers Pvt.Ltd |
141.60/- | 351 | 49,702/- | View Document |
|
2 |
2022-23 |
M/s Royal Sundaram General Insurance Co.Ltd |
177/- | 324 | 57,352/- | View Document |
|
3 |
2021-22 |
M/s Royal Sundaram General Insurance Co.Ltd |
177/- | 307 | 54,337/- | View Document |
|
4 |
2020-21 |
M/s Royal Sundaram General Insurance Co.Ltd |
177/- | 309 | 54,693/- | View Document |
|
5 |
2019-20 |
M/s Royal Sundaram General Insurance Co.Ltd |
177/- | 309 | 54,693/- | View Document |
Subsidized Transportation Facility to the Staff:
As a welfare measurement, GNITS provides subsidized Transportation for a nominal fee in all the Bus routes operating for the welfare of GNITS Staff in various parts of Hyderabad city. This facility is applicable while coming and leaving the institution. Those who are availing of this facility will be on time to the college to attend their duties.
|
S.No. |
Year | No. of Teaching Staff Availed | No. of Non Teaching Staff Availed |
PDF Link |
|
1 |
2023 | 76 | 34 | View Document |
|
2 |
2022 | 72 |
30 |
|
| 3 | 2021 | 61 | 29 | |
| 4 | 2020 | 58 | 28 | |
| 5 | 2019 | 56 | 27 |