BENGALURU: E-commerce marketplace Flipkart has introduced its new inclusive benefits program - FlexBen 2019, for its employees, said a company statement issued on Tuesday. The initiative is a result of an engagement survey conducted with the employees, to understand their preferences, and aims to provide them the freedom to choose benefits based on their individual needs, including both insurance and non-insurance options. A company survey revealed that around 50% of Flipkart employees choose benefits and policies as an important attraction and retention driver.
The FlexBen program, in its first year, will introduce important enhancements to the health and well-being programs offered by the company, by incorporating benefits that address the dynamic needs of the diverse workforce. The program is designed in a manner that addresses recent employee requests where 20% employees asked for more flexibility in benefits and 10% asked for wellness centres and gym benefits.
“Recognising the fact that today's workforce is diverse and can have varied personal and professional needs, we have introduced the FlexBen program, which is specifically crafted based on feedback from our employees. The program will offer greater flexibility and choice in selecting and funding employee benefits, allowing them to customise their benefits package based on their individual needs,” said Smriti Krishna Singh, CHRO at Flipkart.
The FlexBen program is universal and inclusive as it provides benefits coverage equally to all employees.
“For example, through this plan we offer coverage for LGBT couples, choice of additional childcare or parent care coverage and more options for single employees. We are proud to be not only the first e-commerce organisation in the country to lead this initiative but also to be one of the first few companies in India to do this,” Singh added.
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