Employee Higher Education Policy

Purpose

  • Enhancement of relevant skill that will improve the efficiency of the individual and reflect in the performance of the organization / Vertical/Department.

Eligibility

  • All confirmed Employee with minimum 2 Years of tenure will be eligible to apply, Course should be relevant to the role they perform or the role they may assume in the near future.

Process to apply

  • Employees applying for the Sponsorship will raise a request for the same with the following details:
    • Complete details of the Course.
    • Relevance of the course/ Reason for choosing the course.
    • Benefits to the organization.
    • Letter of Communication/Agreement should be given, stating that he/she will serve the company at least for 3Years, after the course completion.
    • Information should be given to HR, Vertical Head for the approval.
    • The approved copy should be given to the HR.

Reimbursement

  • On enrolment the employee can claim 50% of the following:
    • Tuition Fee.
    • Exam fee.
    • Admission Fee.
  • Employees need to produce documentary evidence of payment within 7 days of clearing the amount.
  • Balance 50% will be reimbursed on successful completion of the course and obtaining the certificate.

Resignation

  • In case of resignation of the employees during the course, amount paid by the company will be collected back from the employee.
  • In case the employee resigns after the course completion:
    • If the Employee resigns before completing 1 year 6 months of service – Total amount paid by the Company will be collected.
    • If the Employee has completed 1 year 6 months of service but, not completed 3 Years of Service – 50% of the total amount paid will be collected back, during Full & Final Settlement.