EMPLOYEE BENEFITS
ELGi offers fair and equitable employee compensation that is benchmarked to industry standards. All ELGi employees are covered under a comprehensive group medical insurance policy. Employees can also avail benefits such as personal accident insurance cover, parental medical insurance and medical relief fund with a minimal co-payment. In case of critical and chronic illness, get access to unlimited coverage as a bonus to the above. Based on professional banding, employees are eligible for a range of monetary benefits such as employee referral bonus, loan and interest subsidy, car for office use and interest-free car loans.
Disclaimer: The above benefits are only applicable in India
Harvard Business Publishing Educationย has featured ELGi’s innovative approach to sustainable talent acquisition and workforce development. The case study sheds light on how we at ELGi incorporated employees' aspirations into our Human Resource Management (HRM)/(IR) Industrial relations policies and practices over the years. A win-win strategy that has resulted in a harmonious and productive work environment with a low employee turnover rate, high levels of employee engagement, and a steady pipeline of culturally well-indoctrinated talent in an environment where unions typically mediated blue-collar relationships. All of this, under the leadership of Dr. Jairam Varadaraj,ย Managing Director, ELGi. We thank Prof.ย Debolina Duttaย and Prof.ย Biju Varkkeyย from theย Indian Institute of Management Bangaloreย (IIMB)ย for bringing this case study together.
DISCLAIMER
โThis case study has been prepared by IIMB based on limited information provided by ELGi which are explicitly stated in the study itself. Certain types of information like Market Share Information have not been provided by ELGi and hence, ELGi disowns any intellectual contribution, research, or affirmation with regard to the same. The case study has been posted by ELGi with permission from IIMB as its owner and is not intended to represent or guarantee that whosoever reading this will achieve the same or similar results; rather, they represent what is possible for illustrative purposes only. The information contained in this case study is as at the time of posting the website/case study, and ELGi offers no guarantee that it is complete or up-to-date when you view the content. The information contained in the case study is for general information purposes only. Any reliance you place on such information is therefore strictly at your own risk. All the materials and information in this case study is owned by IIMB and any queries, clarifications, questions, or claims are to be raised with them. Use of the case study for any purpose other than academic will require the permission of IIMB. Copyrights of IIMB in the case study are acknowledged.โ
We believe in the holistic development of our team and actively encourage your development. In doing so, we empower you to plot your own career graph.