HR Policies - 2024 - Final
HR Policies - 2024 - Final
• HR will take the new employee for the introduction with other
colleagues and then handover his/her charge to his/her line
manager
Probation Period
As a new associate, the personnel will go through a probationary
period. The length of the probationary period will be for generally
Employment
3 months, which may be further extended depending upon the
performance at the time interview.
Hours of Work
Break Timings All employees shall be allowed one (1) hour meal
break and half an hour tea / rest break.
Break Timings All employees shall be allowed one (1) hour meal
break and half an hour tea / rest break.
Employment
• If you wish to leave the services of the company, the employee may tender
Employment
the resignation from service at any time by giving prior notice of not less
than 30 days (in writing) or one month’s salary in lieu of notice.
• Your resignation email must be sent to your reporting team leader and HR
Department.
• Upon separation from the company, you are required to return all property,
equipment, materials, records and documents that have been borrowed
from the company. You should also obtain clearance of all dues outstanding
dues to / from the company.
Termination
Employment
Enforcement:
• Managers and supervisors are responsible for monitoring and
enforcing this policy.
Attendance and Punctuality
Attendance and
Please mark the attendance every day, failing which you will be
marked absent and same shall be deducted from the salary.
Habitual late coming is serious breach of discipline. Coming late to
office THREE times will be equal to one day’s unpaid leave.
Any time after 9:16 am till 10:00 , 3:16 pm till 4:00 pm and 7:16 till
8:00 pm would be considered as late coming.
Any arrival after two hours of your shift would be treated as half day.
Note: Night shift timings can alter according to day light saving
changes
Company’s annual vacation plan is designed to provide you with the
opportunity to rest and get away from the everyday routine. You are
entitled to annual leave of up top 30 working days for full time and 15
working days for part time in a calendar year.
Leave
Employees will be eligible for leave entitlement after confirmation of their
services with the company.
Casual Leave – Casual Leaves can be taken up to 15 days for full time
and 7.5 days for part time in whole year. Leaves cannot be carried
forward to the next year and cannot be encashment.
Sick Leave Sick – Leaves can be taken up to 15 days for full time and
7.5 days for part time in whole year. Leaves cannot be carried forward
to the next year but it can be encashment.
• All employees should submit the leave application to the team lead
through email and copy of email must be send to the HR. General
Leaves must be informed at least 3-5 days before. Leave should
be properly approved by the team lead. If an employee has to go on
leave before an approval or someone is failing to inform his or her
leaves that leave will be considered as unpaid leave and two days salary
will be deducted.
• In case any employee want to avail leave due to health reasons, you
need to inform your reporting team lead or HR Department at least 2
days in advance. Except in case of an emergency or illness, prior
approval has to be taken and it is the responsibility of employee to send
email upon return from leave.
• All employees must be presented on Monday and Friday and leaves are
not allowed on these days. If any employee is taking leave on any day
mentioned above or both days the (Saturday and Sunday) will be
counted to leave balances or deducted from the salary.
• If employee quits the company and already has taken excessive leaves
the calculation will be made in proportion to the length of duration
spend during the current year and the amount will be deducted from the
Work from Home (WFH)
Paid Leaves
fund from the first day of the employment. Employee shall contribute
to the provident fund monthly 3% of his or her basic salary and the
Company (Claims Med) shall contribute (after completion of probation
period with company and or Permanent employee of the company)
every month an amount equal to the aggregate of monthly
contributions of all the members.
PF Withdrawal Policy:
• The company will be liable to pay the whole amount of provident fund
at the time of termination, cessation of the employment or retirement.
• Fund will not be approved during the employment.
• The company will not be liable to pay the amount of Provident fund, if
any employee is involved in any misconduct and Company has right to
immediately terminate the employment of an employee without
progressive discipline.
• In case of an emergency, any employee wants to withdraw his / her PF
they can only withdraw the employee contribution and Employer
contribution will be lapsed.
Employees’ Old-Age Benefits Institutions (EOBI)
Compensation and
Calculation:
• Employer's Contribution @ 5 % of the worker's
minimum wages (i.e. Rs25,000 Rs. 1,250/= Per
Month
Eligibility
① One who should be a permanent and minimum one year of
service in the organization (starting from Date of Confirmation)
② Submit an application
③ Proof of birth
④ Both full time and part time employee will be eligible
Marriage Allowance
Compensation and
Eligibility
① One who should be a permanent and minimum one
year of service in the organization (starting from Date of
Confirmation)
② Submit an application
③ Proof of wedding
④ Both full time and part time employee will be eligible
Types of Loan
1- Personal Loan
2- Marriage Loan
Eligibility Criteria:
• All permanent employees who have completed one year from
D.O.P
• Loan to employees will be considered on a case to case basis, and
will be granted at the management discretion.
• Employee will be eligible to avail up to a maximum amount of
loan equivalent to one gross salary for personal loan and
two gross salaries for marriage loan.
• Employees can neither apply for multiple loans at the same time
nor for a fresh loan while repayment of an earlier loan is in
progress.
• If an employee leaves the organization (resigns or terminated)
before his/her loan is repaid, the amount due will be deducted
from the full & final settlement.
• Loan repayment will be started from the very next month of the
Repayment
Loan
Amount less 6 months Equal
than 50K Installment
Loan
Amount 12 months Equal
Installment
Between
50-100K
Loan
Amount 18 or 24 months Equal
Installment
Greater than
100K
For Claimsmed:
Holidays list for the calendar year 2024 has been prepared. The
following holidays are mentioned in the list are not confirmed.
Holiday confirmation email will be sent to all employees.
Public
US Federal Holidays
Date Holiday
1-Jan-24 New Year
15-Jan-24 Martin Luther King Jr. Day
19-Feb-24 President’s Day
27-May-24 Memorial Day
19-Jun-24 Juneteenth
4-Jul-24 Independence Day
2-Sep-24 Labor Day
14-Oct-24 Columbus Day
11-Nov-24 Veteran’s day
28-Nov-24 Thanksgiving Day
25-Dec-24 Christmas day
For Hiffey and Tech Team:
Holidays list for the calendar year 2024 has been prepared. The
following holidays are mentioned in the list are not confirmed.
Holiday confirmation email will be sent to all employees.
Public
Pakistani Federal Holidays:
Date Holiday
5-Feb-24 Kashmir Day
23-Mar-24 Pakistan Day
22-Apr-24 *Eid-ul-Fitr
1-May-24 Labor Day
29-Jun-24 *Eid-ul-Adha
27-Jul-24 *Ashura Day (Youm-e Ashur)
14-Aug-24 Independence Day
28-Sep-24 *Eid Milad-un-Nabi
9-Nov-24 Iqbal Day
25-Dec-24 Quaid-e-Azam’s Birthday
*Subject to the sight of moon
Below mentioned activities will be organized in the
workplace to increase the employee morale, encourage
healthy competition and create friendly environment.
Outdoor Activity:
• Annual picnic
• Annual Dinner
Indoor Activity:
• Mango Day
• Fooseball Tournament
• Tournament for girls_UNO/Ludo/Scrabble
• Monthly Team building activities
• Quran Recitation and Milad in Rabi-ul-awwal
• Independence day
• Eid celebration
Annual Trip:
Eligibility:
• Employee participation in the proposed trip is subject to
management approval, and the organization will
organize the trip based on its financial standing. The
trip's confirmation is not guaranteed.
• Up to 2-5 person will be eligible for trip 2024
• Company will bear Tickets and Hotel expenses.
Team Leaders
Senior Analyst