Flipkart to offer customised Salary-benefit package to employees
New Delhi, June 19(HS) Flipkart has come up with “Flexben” policy that permits to customise employees’ benefits depending on their needs as part of their remuneration package. The company said that this kind of policy gives greater flexibility to companies in selecting and funding employees benefits.
Chief Human Resources Officer Smriti Singh stated that under this plan, benefits coverage is offered to all employees of all kinds. This plan will ensure that the employees are give more flexibility in benefits covering different needs like additional child care, more alternatives for single parent or employees, mental health, recreation, etc. It will no more follow the approach of ‘one size fits all’ in its Human Resources Policy.
This plan has been undertaken as a result of engagement survey with the employees. It was found in this survey that half of the company’s employees prefer benefits and policies as motivation.
It is noteworthy that Flipkart has been ranked number one company as Linkedin’s 2019 Top Companies’ survey.