Page 27 - SustainabilityReport2017

Compensation &

Benefits

At Interloop, each and every employee
is respected and cared for. The
company provides a conducive work
environment to its people where
they give peak performance and
enhance their skills. It offers market
based compensation and benefits
and distributes 10-11% of its profit
amongst its employees in the form of (LFA) to executive employees for corporate benefits announced by
bonuses and profit participation. The
company spends 10% of its profit vacation with family. It also presents the Company from time to time. The
to provide all basic facilities to its them a day off on their wedding scheme is flexible, voluntary and
people including EOBI contributions anniversaries with paid dinner to enjoy focused on long term growth and
and social security. Multiple the memorable occasion with their prosperity of the employees. 353
employee welfare schemes including spouses. executives have already become
gratuity, provident fund, health care, shareholders and the trend is on the
scholarships for employees’ children, Employee Stock rise.
welfare assistance for non-executives,
free pick & drop, subsidized meals, Option Scheme
etc. are in place.
The Management believes in taking
good care of the Interloop Family.
The company introduced “Interloop 353
Limited Employees Stock Option
Scheme, 2016 (ESOS)” to offer executives are benefiting
Company Shares to its eligible from Interloop Executive
Executive Employees, pursuant to
the Public Companies (Employees Stock Option Scheme
Stock Option Scheme) Rules, 2001, and the trend is on the
transforming them from Stakeholders rise
to Shareholders. These shares qualify
for bonus shares, dividend or similar

To facilitate non-resident male &
female executives, Interloop provides
top-class residential facilities including
hostels and upscale apartments within
company premises, as per space
availability.

Leave Fare Assistance
& Anniversary Day Off

To promote work life balance, Interloop Sustainability Report 2017
provides annual Leave Fare Assistance

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