Basket of Benefits

AddrsLabs/HR/POL-01 2024-2025

Basket of Benefits Policy

Addrs Labs • Internal • ©2023 | All Rights Reserved

2.0 Purpose

To make employees aware of “basket of benefits” that is created to facilitate wellness and happiness among
employees.

3.0 Scope

All active Addrs Labs India employees as per eligibility in each scheme.

4.0 Responsibilities

 Employee Responsibilities: To refer policy and / attend awareness session to be aware about all the
current benefits available.
 Upload valid bills respective boards and share it with HR department.
 Finance Department: to process the request.

5 Benefits
5.1 Wedding Allowance
This is the gift to Addrs Labs India newly-wed employee.
Eligibility Benefit Amount Claim Timeline Procedure Supporting Documents
1. Update Marital
Status with HR
All full time employees.
In case both bride and Wedding
During the event 2. Update spouse
groom are Addrs Labs INR 10,000/- card/Marriage
before financial details under
India employees, both (one- time benefit) Anniversary/Family
year closure family details
can avail the benefit data change form
3. Submit supporting
individually
documents to Business
HR

5.2 Take a Break

To enable Addrs Labs India employees to rejuvenate themselves and their family.

Eligibility Claim Procedure

Benefit Amount Supporting Documents
Timeline
All full time Reimbursement of Once in Claim should be Either travel or lodging
employees who expenses as per a year applied through HR document is mandatory
have completed at limits below: team.
least continuous 2- 3 years: INR Lodging expenses to include
5000/- Addrs Labs employee Hotel invoice along with card
2 years of service shall claim take a charge slip/e-statement
with Addrs Labs 3-5 years: INR 7000/- Break benefit in one
India. go only. Travel ticket/Boarding pass
5-10 years: INR (Air, Rail or Road)
10,000/- The bills need to be
GST bill on Addrs Labs Other- sightseeing, Movie
10 years: INR name. tickets, Non-alcoholic
15000/- beverage

Addrs Labs • Internal • ©2023 | All Rights Reserved

5.3 Children’s Scheme Eligibility

Eligibility Benefit Amount Claim Timeline Procedure Supporting Documents

1. Update Child details with
1) INR 5000/- at the HR team
birth of child before
child turns 1-year-
Family data change form/
INR 10,000/- old 3. The date of birth of the
All full time Children Scheme Form/ Proof
each for first 2 child should be on or after
employees. of investment on the name of
children only 2) INR 5000/- date of joining Addrs Labs child / Birth certificate
within 6 months of India
the 1st birthday of 4. The money should be
the child deposited separately for
each year

5.4 Special Dating Allowance:

A gift to Addrs Labs India employees’ and their spouse on their special occasion of wedding anniversary. A gift
to single Addrs Labs India employee on their birthday.

Benefit Supporting
Eligibility Claim Timeline Procedure
Amount Documents
1) For married employee on
wedding anniversary
The amount will be
All full time
INR 3,000/- credited to their bank a/c NA
employees. 2) For single employee on their
birthday

5.5 Executive Health Check-up

To provide financial support towards medical expenses incurred by Addrs Labs India employee for a preventive
medical health check-up.

Benefit
Eligibility Claim Timeline Procedure Supporting Documents
Amount
1) 30 to 40 years of age Claim should be
employees’: Once in a applied through
1) Original Doctor’s
financial years HR Team only.
All full time Upto prescription / Hospital bills
employees & their maximum
2) 40 & above years of age Submit the
spouse who are 30 of INR 2) The
employees’: Once in a supporting
years of age or 5,000/- prescription/bills must
financial year/Once in two documents
above. clearly mention the name of
financial years with rollover directly to HR
the patient
benefit team.

Addrs Labs • Internal • ©2023 | All Rights Reserved

5.6 Executive Wellness

To provide wellness benefit to Addrs Labs India employee.

Benefit
Eligibility Claim Timeline Procedure Supporting Documents
Amount
1) Employee need to submit
original bills for Health
Insurance, Life Insurance, any
Upto Claim should be applied through HR
sports activity like Gym
maximum Team only.
1) Once every membership, Sports training,
All full time of INR
year etc.
employees. 5,000/- Submit the supporting documents
Per Year directly to HR team.
2) They need to
submit the claim amount in
one bill max INR 5,000/- per
year.

6. Terms & Conditions:

 Employees who are in probation period are not eligible for the above benefits
 Employees who are availing the benefits should Tax invoice with Addrs Labs GST details

Addrs Labs • Internal • ©2023 | All Rights Reserved