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ANW - People Policy 2024
ANW - People Policy 2024
Make A Difference
Augtech NextWealth
Make A Difference
Internal
This document contains important information and is intended for the internal use of Augtech NextWealth IT Services
Pvt. Ltd. By viewing this document, you agree to keep the contents in confidence and not copy, disclose, or distribute
this without written request to and written confirmation from Augtech NextWealth IT Services Pvt. Ltd. If you are not the
intended recipient , be aware that any disclosure, copying, or distribution of the contents of this document is
prohibited.
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S No. Table of Content Page No.
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S No. Table of Content Page No.
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Our Core Values
Integrity
in word and deed
Respect Excellence
for the individual in work
1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30
Commitment Socially
to commitment responsible
We are commi�ed to not tolerate harassment or discrimina�on on any basis, in accordance with
applicable laws and regula�ons, including but not limited to age, race, religion or personal belief, color, gender,
gender iden�ty, disability, na�onal origin, marital status/parental status, pregnancy status, sexual orienta�on,
or any other characteris�c prohibited by law or otherwise irrelevant for the posi�on. This principle extends to all
decisions rela�ng to hiring, promo�on, transfer, recruitment, termina�on, benefits, leave, rates of pay, and other
forms of compensa�on or benefits provided.
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Scope
The scope of People Policy covers all employees hired on the rolls or on contractual basis at Augtech NextWealth. It also
defines the policies, standards and procedures of the organisa�on with respect to Manpower Planning, Recruitment,
Training, Payroll Management, Rewards & Recogni�on and Employee Reten�on.
Leave policy
To provide an opportunity to the Individuals to re–energize themselves. The annual cycle for the purpose of leave will be the
Calendar year (1st Jan 2024 to 31st Dec 2024) and to take care of unexpected exigency and illness.
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The following types of leave are applicable to the Individuals:
● Paid Leave - 14 days in a year. (Subject to approval from
supervisor)
● Marriage Leaves - All permanent employees are entitled to
two days of Marriage Leave. Marriage Leave is applicable for
the first legal marriage only and must be taken within six (6)
months of the marriage date
.
● No leaves allowed during Internship period unless medical
emergency.
● As per your leave plan, Paid Leave accrue Monthly on 1st of
every month for all confirmed members. Hence your leave
quota of 14 leaves will be accrued at the rate of 7 days in
6 months, twice in a year i.e January and July month.
● Each employee will accrue 7 paid leaves in by-yearly and
these paid leaves will lapse on by-yearly basis if not used.
● Advisable to take propor�onate leaves to avoid deduc�on in Full
and Final se�lement.
● To avail this leave, employees should have joined before 15th
of every month.
● Leave should be informed and approved by the supervisor 2
days in advance.
● Rs.100/- deduction for all uninformed half day and Rs. 200/
deduc�on for all uninformed full day leave.
● Medical Cer�ficate needs to be submitted, if you are taking
leaves on Medical grounds for more then 3 days.
● On Govt Declared Public Holidays (Republic Day,
Independence Day, Gandhi Jayan� & on the occasion of Diwali
and Holi ), 1.5 �mes salary would be paid on full day working.
● All employees are encouraged to availble their leaves during the
Calendar year as it will not be carried forward/encashed.
● Bereavement/Funeral leave for 1 day (For Blood rela�on only).
● Not more than 3 days of leave can be availed together unless
medical emergency and final discussion lies with the Supervisor.
● Maternity Leave – 26 weeks.
In case of women having less than two surviving children. In
other cases, the exis�ng period of 12 weeks. En�tles female
employees in Covered Establishments to receive maternity
benefits if they have worked with the employer for at least 80
days in the 12 months immediately preceding the date of
expected delivery ("Eligible Employee"). Out of the 26 weeks,
not more than 8 weeks can be taken before the date of expected
delivery, whereas earlier, the prenatal period was prescribed to
be not more than 6 weeks (as per govt. laws).
● Paternity Leave - 2 days.
All confirmed male members of Augtech Nextwealth will be
eligible to apply for 2 days of paternity leave within 6 weeks
of the birth of their child.
Law defined as per the Amendment will be applicable on
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eligibility clause.
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Unplanned Leaves
In case of any unavoidable situa�on if an employee avails an
unplanned leave, the employee should send a mail to their manager
and HR a�er returning to office. But if an employee con�nues to take
such unplanned leaves the HR will issue a maximum of two warning
le�ers to the employee. Yet if the incident happens for the third �me
the employee may face termina�on from employment.
Proba�on Period
The company will make an effort to ensure that its hiring procedures
serve the purpose of recrui�ng the best employees for each open
position. However, we acknowledge that they are inevitably not always
accurate in predic�ng performance or determining appropriate cultural
fit. The probation period for new employees gives both employees and
us enough time to find out if their employment relation will eventually
work out to the benefit of both.
For all joined in internship / execu�ve and above posi�ons,
performance will be reviewed at the end of proba�on period and
will be automa�cally confirmed within the company if their
performance is found sa�sfactory.
Salary Disbursements
The salaries will get credited to the account within the 10th day of
every month. Company will always put in this best step forward to
ensure that the salary disbursement happens within specified
�melines. However, if under any unforeseen circumstances the salary
is delayed it will be informed accordingly to the employees.
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Training Policy
Augtech is committed to ensuring that the employees have access to
learning & development and training opportuni�es which enable
them to be suitably knowledgeable and skilled to carry out their role
within the Company, and to develop their talents in ways that fit with
the Company’s development to meet its strategic objec�ves.
Any employee who feels the need of a certain training program that
will benefit him/her in the roles and responsibili�es can discuss with
the supervisor on the same.
Organiza�on encourages a training budget up to INR 1000 per
employee in a year.
Availing training benefits will have following terms and condi�ons.
Training programs shortlisted will be under the final discretion of
the supervisor
If the employee resigns within 6 months of availing training period,
he / she must repay the training expenses.
Recording, monitoring, and evalua�ng the learning will be a part of
the appraisal procedure.
Appraisal policy
Augtech as an organization respect and honors con�nuous growth.
There is a proper defined monitoring and assessment process within
the organization which assess Employees performance.
All confirmed employees will be eligible for appraisal once in a year
provided the member has joined the organisa�on before December
month of the appraisal year. Appraisal will be a component of IP
(Individual Performance) and OP (Organization Performance)
mapped with market condi�on. Based on how the organiza�on
is performing the mapping will be done with Individual performance
and contribution and accordingly the decision on appraisal will be
taken. If any employee joins the organiza�on a�er December
month, he/she will not be en�tled for appraisal cycle of that year.
Resignation Procedure
In cases of resigna�on, the employee must submit an official written
resigna�on letter to the immediate supervisor. A no�ce period of 1
month must be served by all Interns /Execu�ves /Sr. Execu�ves and
2 months for remaining posi�on. During no�ce period, no leaves are
allowed except Week Offs. All leaves taken during no�ce period
will lead to extension of relieving date. The resignation le�er
must be copied and submitted to the People department.
In case of any resigna�on within 1 year of a�ending any leadership
program or any external training program sponsored by the
company the member will be liable to pay the training cost
calculated by the company on pro Data basis.
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In cases of involuntary dismissal, the supervisor must submit an
employee termina�on document to the human resources
department at the date of separa�on or before that. Discharge for
cause jus�fies immediate suspension un�l the necessary
documentation for terminat ion has been gathered. In some
instances, a termina�on mee�ng with the employee, supervisor and
a human resources officer may be scheduled.
Referral policy
Employee Referral Program Policy applies to everyone who refers a
candidate to our Organiza�on. The referral amount will be subjected
to tax (Govt Regula�on). Company management may change the
referral amount in future with due no�ce to all the employees.
Depending upon the posi�on being referred the referral bonus will be
disbursed in the following three slabs:
● INR 500 for Execu�ves and Interns,
● INR 1000 for TLs/Quality Analysts/Applica�on Developer/ Asst. Manager
● INR 2000 for Managers and above.
If two or more employees refer to the same candidate, only the first
referrer will receive their referral rewards. The referral amount will be
disbursed a�er the employee completes 3 months in the organiza�on.
All employees are eligible to par�cipate in our referral program except
for: Senior management (CXO, Managing Director), recruiters and
hiring managers.
Floor Policies
● Cell phone policy – Cell phones are not allowed at the desk, should
be kept in a locker during shi� �me.
● Cell phone Caller Tune – All members provided with official phone/sim
card by the company should have no caller tune.
● Clean desk policy – Should not eat on desk or not keep any
unnecessary stuff during office hours.
● Locker policy - All belongings/bags should be kept in locker only.
● Schedule Adherence
● Log-in policy – Should come in office 10 minutes before your shift
�ming to log-in on �me.
● Call avoidance policy – Should take personal calls during break time
only.
● Dress code & conduct policy – Should wear elegant formal/casual
wear in the office.
● Break policy - Should adhere break timings as following:
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Confiden�ality & Monitoring
All technology provided by Augtech NextWealth IT Services Pvt.
Ltd., including computer systems, communication networks,
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company related work records and other information stored
electronically, is the property of Augtech NextWealth IT Services
Pvt. Ltd. and not the employee. In general, use of the company’s
technology systems and electro nic communications should be
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job related and not for personal convenience. Augtech
NextWealth IT Services Pvt. Ltd. reserves the right to examine,
monitor and regulate e-mail and other electronic
communica�ons, directories, files and all other content, including
Internet use, transmitted by or stored in its technology systems,
whether onsite or offsite.
Internal and external e-mail and other electronic communica�ons
are considered business records and may be subject to discovery
in the event of li�gation. Employees must be aware of this
possibility when communica�ng electronically within and outside
the company.
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Company Owned Equipment
Any device or computer including, but not limited to, desk phones,
headphones, smartphones, tablets, laptops and desktop
computersthat the Company provides for your use, should only
be used for Company business. Keep in mind that the Company owns
the devices and the informa�on in these devices. If you leave the
Company for any reason, the Company will require that you return
the equipmentbefore leaving the organization. The asset released
or allo�ed to an employee has an entry in the asset register and is
audited timely.
Social Media
We understand that part of what you do in social media is outreach
that recruits new employees and enhances our Company brand.
Many employees have social media responsibili�es in their job
descrip�on including social media marketers, tech support, and
recruiters unless specified.
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We also understand that the relationship of our employees to an
online world that you spend time in 24/7 can lead to the blurring of
work time and off work time. We strongly encourage you to limit the
use of social media to work -related content and outreach during work
hours.
Email Usage at the Company
Email is also to be used for Company business only. Company
confidential information must not be shared outside of the
Company,without authoriza�on, at any time. You are also not to
conduct personal business using the Company computer or email.
Please keep this in mind, also, as you consider forwarding non-
business emails to associates, family or friends. Non-business-
related emails waste company time and atten�on.
No e-mail or other electronic communications may be sent that
hide the iden�ty of the sender or represent the sender as
someone else. Augtech NextWealth IT Services Pvt. Ltd.’s
corporate iden�ty is a�ached to all outgoing e-mail
communica�ons, which should reflect corporate values and
appropriate workplace language and conduct
Viewing pornography, or sending pornographic jokes or stories via
email, is considered sexual harassment and will be addressed
according to our sexual harassment policy.
Immediate termina�on is the most frequent disciplinary action that
the Company may take in these cases.
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If you need addi�onal information about the meani ng of any of this
communica�on, please reach out to your manager or the Human
Resources staff for clarifica�on.
Inappropriate Usage
Inappropriate use of resources shall be defined as engaging in any
ac�vity by users that is inconsistent with the business needs and
goals of the Company. Engaging in any ac�vity that adversely
affects the user's productivity will not be tolerated. When you
access the Internet for business purposes, you are represen�ng the
Company with each site or ac�vity you engage in.
SCOPE
This policy refers to everyone in the company regardless of posi�on
or status.
rela�onships.
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EMPLOYEES CAN FILE GRIEVANCES FOR ANY OF
THE FOLLOWING REASONS:
● Workplace harassment.
● Health and safety.
● Supervisor behavior.
Termina�on Policy
WHAT IS TERMINATION OF EMPLOYMENT?
The company is bound to handle any cases of termination of
employment as dictated by law with discretion, professionalism, and
official documentation. This termina�on/separation of employment
policy applies to all prospec�ve or current employees of the
company in regard to possible separation of employment.
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considered “for cause”. Examples of such termina�on of employees
include circumstances where an employee:
● Breaches their contract of employment.
● Is discovered guilty of fraud, embezzlement, or other kinds of
illegal actions against the company.
● Is guilty of discriminatory behavior or harassment.
● Is guilty of unlawful or immoral behavior on the job.
● Is guilty of willful neglect of job responsibili�es.
● Is discovered to have caused inten�onal damage to the
company’s assets
● Con�nuously disregards company policy
Travel Policy
SCOPE
● Travel expenses include any kind of transportation and
accommoda�on expenses that you incur when going on a business
trip. Expenses related to this category that may be fully or partly
reimbursable include according to the slab defined.
● Eligibility - Asst. Manager & above.
● Accommodation.
● Legal document expenses (e.g. Visa). Non-reimbursable expenses
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WITHIN INDIA
Scope:
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● Making sexual gestures
● Displaying sexually sugges�ve objects or pictures, cartoons,
calendars or posters.
● Making or using derogatory comments, comments about a person’s
body or dress, slurs, epithets or sexually sugges�ve jokes.
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If an Employee feels that he/she is experiencing any kind of
retaliation, victimiza�on or discrimination in the nature of
in�midation, pressure to withdraw the complaint or threats for
repor�ng, tes�fying or otherwise par�cipa�ng in the proceedings,
he/she should immediately report the ma�er by sending an email
to the dedicated email id posh@augnw.com. All members of the IC
are mapped to/ included in this email id.
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Non-Solicita�on Policy
Employees who are a part of the organiza�on will not directly or
indirectly, solicit or attempt to solicit any business from any of
organiza�on customers, customer prospects or vendors with whom
they have contact during their tenure for the period of next 1 year
a�er their relieving from the current organization.
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Thank You!!
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