Hey ! As a part of Benefits and allowances in the ...
# compensation-and-benefits
k
Hey ! As a part of Benefits and allowances in the salary structure does anyone know of a "Gadget Policy" ?
r
We have WFH allowance (one time benefit) in the salary structure
k
How does that work ? What benefits do you offer ?
r
We provide a one time setup WFH allowance to buy anything which makes the employees more productive. We give it in 2 parts first part from their DOJ till they complete 6 months and the next part after they complete 6 months with us. Further on every work anniversary we give them 2,500 as an additional bonus.
j
Hey @Rohan Mankad, since WFH setup is usually a one-time setup, I'm curious about the reasoning for the 2.5k additional yearly bonus. How have people at SW utilized this?
r
We see higher utilisation let's say if you buy a laptop this budget can be utilised for maintaining it, buying peripherals IT folks spending behind those big mechanical keyboard ⌨️ or some people tend to even combine their yearly bonus with their remaining balance to buy something big.
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k
Thank you Rohan , What is the recommended WFH set up cost ?
r
Well totally depends on your spending capacity on the employee benefits we do 40,000 in 2 parts of 20,000 each
a
Hey @krithika ramachandran there is Gadget allowance also available which is a great tax saving option under section 17(2) have hardly seen companies offering this to employees.