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INTERLOOP has recently started a novel program regarding the welfare of its employees known as PROJECT CARE. The main objectives of this program are:
- To develop a formal processes to achieve a mutually beneficial long term relationship between our employees and the Company
- Further improve INTERLOOP'S image as a caring and sharing organization
- To gradually involve our families as INTERLOOP'S ambassadors
This program aims to address the needs of Executive Cadre and Workers separately based on the typical requirements of the employees in these cadres. Some major action items which have been identified in Phase I of this program are:
For Executives
- Implementing a two way communication process
- Introduction of formal process for development and career management
- Recognizing employees and their families for supporting INTERLOOP
One of the interesting elements of this scheme is to integrate the families of our Executives with the Organization through family based activities, such as:
- Plant Tours
- Access to Corporate Library
- Family Day
- Family Pages in "In the Loop"
- Rewards for Gifted Children
- Anniversary Leave
For Workers
- Formal skill enhancement programs
- Senior workers to attend programs of ILO and other international agencies
- Hajj Scheme
- Hajj opportunity through lucky drew increased from 2 to
- One additional person through lucky draw who have complete 10 years
PROJECT CARE has also given a new insight to the Company by establishing a formal process for recognizing the services of its long serving employees. These incentives are as follows:
Upon Completion of 10 Years
- Service Award
- One Month Gross Salary
- Education Scholarship for One Child Till Graduation (upto Rs 2500 pm based on Actual)
Upon Completion of 15 Years
- Special Service Award
- Two Months Gross Salary
- Full OPD Expenses for Self and Wife
- Guaranteed Job for One Eligible Child in Interloop
Pioneers of Interloop Award
These awards have been given to those employees who were involved during the inception stage of the Company and are considered to be the pioneers of todays success story.
- Certification of Appreciation
- Rs 50,000 for Buying any Gift
- Guaranteed Job for One Eligible Child in Interloop
On March 27, 2006 an evening dinner was held with all Executives in which the above awards were announced and presented.
At Interloop, we believe winning hearts is as important as winning markets
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