Statutory Section
We are nurturing a Culture of Caring through people-focused benefits that encompass financial, physical & mental well-being as well as promoting work-life integration.
Our rewards package includes competitive pay, health benefits, and time-off programs, aiming to attract and retain top talent through performance-based incentives. Our incentive compensation plan ties the variable component to individual and company performance, including operational and strategic KPIs.
Leadership and senior executives receive fixed pay, variable pay, and equity, with stock grants of the parent company. Annual compensation reviews for non-union employees consider market benchmarks. Currently, 27% of the permanent workers are covered under associations and unions.
Fair and competitive remuneration | Education assistance | Transportation support | Retirement benefits | Performance-linked bonus | Loans and subsidies
We prioritize the well-being of our employees and support them at every stage of life. Our comprehensive benefits package includes annual health check-ups, hospitalization insurance for employees and their families, as well as life and accident insurance coverage.
Additionally, our retirement benefits ensure continued support for employees even after they transition to retirement.
Medical insurance | Life insurance | Accident insurance | Health check-ups | Doctor consultation | Seasonal flu vaccine | Employee assistance program
We have partnered with a prominent counseling service to create the Employee Assistance Program. This partnership ensures access to 24/7 support for our employees and their families, that too in multiple languages.
Furthermore, as part of our efforts to promote mental wellness, we introduced an AI-based app last year. This innovative tool offers practical tips for managing everyday stress and provides a platform for employees to share their thoughts and feelings.
24/7 counseling access | AI-based mental wellness app | Support systems for diverse groups | Care & compassion leave | Sabbaticals for recovery
To promote work-life integration, we introduced our 'BlendIn' hybrid working policy, allowing employees to work from home two days a week.
A recent internal survey revealed that both employees and managers found this policy positively impacted motivation and productivity.
Primary & secondary caregiver leaves | Care & compassion leave | Flexi festive leave | Creche/daycare | Give back leave – volunteering | Personal milestone leave policy
