ESIC contribution rates are the rates at which the employer and employee contribute to the scheme. Here's a look at the calculation of the ESIC contribution rates and its impact on employers:

Calculation: The ESIC contribution rate is 4% of the employee's gross salary, of which the employer pays 3.25% and the employee pays 0.75%.

Impact on Employers: Employers need to ensure timely payment of the ESIC contribution and maintain proper records of the contribution payments.

By understanding the ESIC contribution rates and its impact on employers, employers can ensure compliance with the scheme and provide the medical benefits to their employees.