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Employee Benefits Overview at Avaya India

When it comes to industry leadership, few can match the global presence and impact of Avaya India. We
work equally as hard for our employees, to provide comprehensive and flexible benefits that most closely
meet their needs. From health plans to education assistance, Avaya provides support that sets global
standards in employee benefits.

Following is the Employee Benefits Overview at Avaya India:-


Benefit Type Description Eligibility
1 Flexible Benefits
1.1 Company Leased Company leased accommodation as per Company scheme. All Employees
Accommodation (CLA)
The rental amount is adjusted with the flex benefits.
1.2 HRA If the employee is staying in a rented apartment, s/he can save tax All Employees
by producing the rent receipts.
1.3 Leave Travel LTA will be paid upto 10% of basic salary. All Employees
Assistance(LTA) The amount of allowance is tax exempt as per the limits prescribed
under the tax rules.
1.4 Car Policy  Employee can buy a car through company car policy. 15 level &
 Employee can save tax on the Monthly Rental amount that s/he above
pays for the Company leased car.

1.5 Petrol Allowance, Company Owned Car: Employee who


Vehicle Maintenance Employee can save tax by producing bills towards Fuel allowance/ has availed the
& Driver's salary Vehicle Maintenance upto INR 1,80,000 PA (for Non metro cities) & Company Car
INR 2,40,000 PA (for metro cities)& driver bills upto Rs. 1,20,000/- PA. Policy
The perquisite tax out of this transaction will be borne by employee.

1.5A Petrol Allowance, Employee Owned Car: Employee who


Vehicle Maintenance Employee can save tax by producing bills towards Fuel allowance/ has Self owned
& Driver's salary Vehicle Maintenance as per the below limit: car
1. For car with CC upto 1.6 liters INR 21,600 PA
2. For car with CC above 1.6 liters INR 28,800 PA
3. Driver's Salary INR 10,800 PA

1.6 Children’s Education Employee can save tax upto INR 1200/- annually towards 1 child's All Employees
tuition fees.
Employee can save tax upto Rs. 3600/- for 1 child (If in boarding
school)

1.7 Medical Employee can save tax by producing original doctor's receipts and All Employees
Reimbursement medical bills for domiciliary expenses for self or dependants upto
Rs.15,000/- per annum
1.8 Telephone Employee can save tax by producing bills for 1 Landline & 1 Mobile All Employees
Reimbursement Phone upto Rs. 60,000/- per annum
1.9 Professional If an Employee opts for any course that is aligned to any future Job All Employees
Development Scheme in Avaya can save tax by producing bills pertaining to the course.
Maximum limit for claiming tax benefit is 20% of TTC. Prior BU head
approval is required for claiming this benefit
1.10 Gift Coupons Employee can opt in/out once in a financial year. All Employees
If Employee opts for Gift coupons, they would become eligible to
receive Gift coupons worth Rs. 4999PA which will be tax exempted.
No bills are required
2 Mediclaim Insurance
2.1 Group Medical  Includes Coverage for employee, dependent parents, spouse and All Employees
insurance upto 2 children
 Sum assured per family is Rs.5 Lakhs per annum
 Exceptions for higher amount of coverage at Management
discretion.
Covers pre-existing diseases also
No upper age limit criteria for coverage of parents

 Maternity Benefit available from day 1


2.2 Personal Accident Coverage that provides for loss of pay on account of any accident.. All Employees
Insurance
Only employees are covered under this policy.
Covers aspects like total and partial disability as a result of
accident.
In case of accidental death, employee is paid two times the Total
Target Cash (TTC).
2.3 Life Term Insurance  Insurance coverage is 2 times of TTC in case of accidental / natural
death of employee
3 Other Benefits
3.1 Superannuation Employee can opt for Superannuation contribution. This is All Employees
voluntary.
 Contribution is calculated as 12.5% of basic salary.

3.2 Provident Fund Compulsory contribution of 12% on basic salary. All Employees

The employee can voluntarily contribute additional 8% towards PF

3.3 Gratuity Applicable after completion of 5 years of service at the rate of 15 All Employees
days last drawn Basic Salary for every completed year of service
Payment of Gratutity is paid on Resignation/ Termination of service
from Avaya

3.4 Employee Referral Ranging between Rs.15,000/- to Rs.35,000/- All Employees

3.5 Relocation Allowance The Relocation is applicable to associates at all levels who are hired All Employees
from outside Pune and need to relocate to Pune to take up
employment with Avaya.

3.6 Food coupons Employee will receive coupons worth Rs. 1100/- per month All Employees
(13,200PA) which will be tax exempted
4 Time Off

4.1 Annual/Privilege Employees are entitled to 18 days of privilege leave in a fiscal All Employees
Leaves year(Oct'01 to Sep'30)
A maximum of 21 privilege leaves can be carried forward.

4.2 Sick / Casual Leave Every employee is entitled to 9 days leaves (either sick or casual) All Employees
per year.

4.3 Maternity Leave 84 calendar days All Female


Employees

4.4 Paternity Leave 3 consecutive working days All Male


Applicable for employees completing 6 months in Avaya Employees

4.5 Public Holidays 8 days All Employees


2 days Optional Holiday

5 Continuing Education
5.1 Tuition Assistance Applicable for employees completing 1 year All Employees
Program (TAP) Reimbursement of fees for graduation courses upto Rs.1,50,000/-
and post-graduation upto Rs.3,00,000/-

Note:-
1. All above benefits and eligibility will be as per the Company’s prevalent policies which may change from time to time
without notice.

2. Benefits listed above are Taxable perquisites depending upon the Tax rules in force from time to time.
3. The present benefits are subject to and governed in accordance with Indian statutes, rules, ordinance prevailing from
time to time.
4. Flexible Benefit: Flex benefit package of an employee is determined by the HR at the time Job offer/Pay hike, once
employee accepts the same, s/he can allocate the money of this package to various items like House Rent allowance,
Medicalim, LTA, Petrol, Driver etc

Disclaimer:- The policy may be revised from time to time at the management’s discretion to align with changes in tax
laws or other government regulations or market practices.

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