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.