Benefits@Microsoft PDF

 

 

Benefits @ Microsoft A Culture of Wellness & Balance

Benefits play an important role in your choice of an employer. That’s why we work hard to make sure our benefits reflect the changing needs and wants of our people, and it’s why we provide many industryindustryleading benefits to our employees who rely on them. Our goal is to empower you with the resources, r esources, incentives, and flexibility you need to enjoy success on the job and to live a healthy, balanced life. At Microsoft India we understand that each employee has unique benefit needs and to meet that we offer flexible benefits so that you have the control in your hands to choose the mix of benefits that best suit you and your family. Here’s a bird’s-eye bird’s-eye view of the benefits that we offer to our employees. employees.  

 

 

We understand that family plays the most crucial role in your success. Our benefits therefore around Parental leave, leave, Adoption Leave, Child care reimbursements, Comprehensive Health cover for cover for your spouse, children, parents/ parents-in-law , Maternity (hospitalization cover up to INR 100,000)  100,000)   are designed to ensure that your family members are well covered.   Additionally, through our Microsoft our Microsoft CARES program, CARES program, you and your immediate families can professional   and confidential confidential   counseling on any work-related, personal, seek professional relationship, or family matter. matter . The e-workshops, self-assessment tests and tests and the numerous articles on the website not only gives you access to a wide range of issues ranging from work-life balance, parenting, marriage, adjusting adjusting to a new workplace or a new life style and other day to day challenges that challenges that we face but also gives you the flexibility to choose the medium  medium  through which you would like to explore some of these issues. The primary objective of Microsoft CARES program CARES program is to enable you deal with the constant change in our modern lives so so that you can make make important decisions, decisions, tackle problems, problems, and explore new avenues for change and growth more effectively.

Our innovative wellness programs make it easy for you to get, and stay, healthy. We believe that our needs change with time and hence, we provide the flexibility to our employees to choose from an array of health insurance plans that meets their life-stage requirements. Our key health & wellness benefits per Microsoft financial year (July-June) include the below and are over and above your base salary  salary – 

  Free onsite preventive health screenings; Onsite Doctor presence   Fitness Benefit reimbursement for reimbursement for employees only up to INR 19,000  19,000    Comprehensive hospitalizations floater cover for cover for yourself and your parents/parentsin law, spouse and children, with flexibility to choose the most optimum option for your family. The maximum hospitalization cover  cover  that you can opt for is INR 1,000,000   1,000,000   Executive Health Check up to up to INR 10,000  10,000    Dental Dental and  and Vision Vision cover  cover up to INR 10,000  10,000    Domiciliary/Out-patient Domiciliary/Out-patient cover  cover up to INR 15,000  15,000    Critical illness cover illness cover   Company-paid life insurance  insurance  and accident insurance, insurance, with an option to enhance your cover up to 5 times your base salary   A “Hospitalization” cash allowance  and “Salary Loss Protection Plan”  for employee only in case you are hospitalized / are on unpaid leave of absence for an extended period while you recover

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Your financial health is important and we have programs to help you save for retirement.   Provident fund – as per the Provident fund Act   Gratuity – as per the Gratuity Act   Microsoft stock discount (10%) through Employee Stock Purchase Program (ESPP) 

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We encourage constant learning so you can stay sharp. Our Tuition Assistance program allows you to enroll for a degree course anywhere in the world and reimburses up to INR 200,000 per calendar year. You can also engage in any of over 2,000 internal training programs that are offered online, virtually, or in classrooms around a round the globe. You can’t beat the level of investment we place on on career  career development. 

Enjoying work is important, but it’s just as important to enjoy life too. Would an in-house gym   help you to take care of your health better? How about onsite concierge gym service?? Perhaps you need service need a meal to go for this this evening that that you can order order through the cafeteria?? If you answered “yes”, then we’ve got it covered. After all, if it’s important to cafeteria you, it’s important to us. Want to work from home  home  or part-time part-time?? Have a family to look look after? We offer a trusting culture which allows you to work flexibly and efficiently, and will be sure to help you achieve the right balance between your home and personal life.

We offer generous paid time off benefits that enable you to take the much deserved break and help you enjoy the journey.   Vacation – 20 working days   Sick Leave – 10 working days   Public Holidays – 10 days   Maternity Leave & Paternity Leave   Adoption leave   Bereavement leave 

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We understand the challenges faced by you in case you are moving locations and we enable you financially financially and  and logistically logistically to  to transition smoothly, through our Domestic/International Relocation Policy, as the case maybe. We also have a Company Company   Car Lease  Lease  as well as a Company Leased Accommodation  Accommodation  program as per you the the terms conditions under theasCompany policy.a house These benefits provide easeand of availing a carprescribed lease arrangement well as renting of your choice, within the t he guidelines mentioned by the Company. We want Microsoft employees to wake up every morning excited about the opportunities that lie ahead and able to focus their energies on creating new and better products for our customers. Our benefits plan and resources are therefore designed to give you the support you need to do your very best. With that said, please note that the Company benefits and policies will be subject to regular review, and the Company Microsoft may at any time amend the provisions. You would be required to abide by the latest provisions as applicable to you, from time to time. Congratulations on your offer and we wish you all the very best at Microsoft!!

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