|
Health Insurance
Ocimum Biosolutions lays great emphasis on maintenance and improvement of the work environment and the overall well being of its employees. Apart from sick leaves, the benefit package at Ocimum Biosolutions includes a group Mediclaim policy, where the company pays 100% of the premiums for each employee. All employees may participate in this policy.
Time off and Vacation
Effective on the date of hire, all employees of Ocimum Biosolutions are eligible to 12 paid days off per year. Paid time off increases with length of service. In addition, employees are entitled to paid leaves in the event of examination/marriage/maternity/paternity/demise in family. The company's flexible working solutions can include unpaid time off, at the discretion of the management.
Stock Program
Employees own a piece of the company through stock options available to all, based on their length of service. An ESOP trust with employees as volunteers manages these stock options.
Training Incentive
All employees at Ocimum Biosolutions are encouraged to improve their performance and skills through training. Apart from promoting on-the-job learning, the company sponsors for job-related external training based on the employees' performance, previous experience, and education.
All employees are encouraged to take up higher education to evolve themselves. In order to balance their work and education, all employees can avail 5 days paid time off annually for examinations.
Regular Performance Reviews and Fast Growth
At Ocimum Biosolutions, pay hikes for all employees are based on performance reviews conducted annually. These performance reviews also accelerate growth in shorter time spans.
Employee Reference and Benefits
All employees receive a monetary incentive for referring others to work at Ocimum. Associates provide résumés to our recruiters and are eligible to receive a bonus once the referred employee completes six months of service.
Food Subsidies
All employees receive monthly food subsidies.
Bonus
Every employee is entitled to receive annual bonus on completion of service milestones. |