Polaris Networks moulds minds and lives, not by pushing its employees to follow others but by encouraging
and giving them the freedom to follow their dreams. The company provides a good compensation package, but
the Employee Benefits structure is even better; the best initiatives are taken by the HR department while
designing the benefits program keeping in mind employee's needs as well as employer's objective.
So here goes the list:
Family Health Insurance Coverage
With the rising costs of health care these days, it is imperative to have a medical coverage for all. The Company provides mediclaim
coverage for its employees and their family members.
The Company extends the benefit of interest-free loans to its employees in cases of unforeseen
contingencies and for other purposes.
Annual Health Check-up
Health benefits are considered as the foundation of any benefit program design. When considering
the root issues of all absenteeism from the workplace, most employers agree that illness is cited most as the cause.
Healthy employees are productive employees and to ensure that they are in good shape, health-wise, annual health
check-up programs are organized every year.
Employees Provident Fund and Gratuity Employees can opt for Provident Fund Benefits under the provisions of
Employees' Provident Fund and Miscellaneous Act, 1952. Employees are also eligible for Gratuity pay-outs at the
time of separation as per the provisions of The Payment of Gratuity Act, 1972.
Advanced Study Program
Being a research-based organization, the company emphasizes learning as an integral part of
every employees' job role here. The onus is not just on the organization but also on the
employees to continuously hone their skills, knowledge and abilities. The company encourages
and sponsors its employees to enroll for higher and advanced studies from recognized
and esteemed institutes and universities.
Bonus Schemes With an assorted basket of different bonus schemes, employees feel rewarded and valued by the
organization. These bonus schemes can be either performance linked or designed with the objective of
Employee Referral Bonus Program
Talented employees are the foundation of a successful business, but finding the right resource can be challenging at
times. An employee referral program, whereby employees recommend qualified friends, relatives or colleagues,
can be an excellent source of candidates. Help the HR in hiring the right person and you earn a referral bonus.
Celebrations create a positive environment of drive and innovation as employees contribute over and above the
call of duty. Workplace celebrations range from monthly birthday parties, festival celebrations, rewards and
recognition programs, to quarterly team lunch, annual picnic etc.