Global Upside (India) Benefits

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On this page

• Specific to India based employees
• Medical Benefits
• Pension
• Life Insurance
• Meal Vouchers
• GitLab B.V. India Leave Policy

Specific to India based employees

All of the benefits listed below are administered and managed by Global Upside. As part of the onboarding process Global Upside will reach out to team members in their first week to arrange setup and enrollment. Should you have any questions, please contact:

Medical Benefits

• Group Mediclaim Policy which will take care of hospitalization expenses, the coverage provided is available for the team member, their spouse and up to two children. Should additional cover be required this will need to be purchased by the team member in the form of an Individual Policy. This can not be purchased under the Group Mediclaim Policy.
• Group Personal Accident policy including accidental death benefit.

Pension

Global Upside has a provident fund that the employees pay to the government. This is included in the CTC. The Employees’ Provident Fund and Miscellaneous Provisions Act, 1952 (EPF Act) applies to specific scheduled factories and establishments with 20 or more employees, as well as employees who earn INR15,000 (INR25,000 for the disabled) or less per month at entry level. It ensures retirement benefits and family pensions on death in service. EPF benefits typically extend to all employees in an organization.

• Employee Contribution(% of base salary): EPF: 3.67% and EPS: 8.33%, Total Contribution: 12%

• Employer Contribution(% of base salary): EPF: 12%, EPS: None Salary Ceiling: EPF: Mandatory contribution remains up to a monthly salary ceiling of INR15,000

Life Insurance

Most companies in India do not offer life insurance as part of the benefits package. Global Upside, similarly, does not offer a life insurance plan to GitLab team members. Most workers in India will typically get their own life insurance which can be portable throughout their lifetime.

Meal Vouchers

Sodexo Meal Cards are an optional employee purchased benefit. These Meal Cards work like a Debit Card, which can be used at any outlet selling food items and non-alcoholic beverages that accept card payments. If you would like purchase these a deduction from salary will be made each month. All team members are gien the option to opt-in for Sodexo cards during the pre-onboarding process managed by the CES (Candidate Experience Specialist) team.

GitLab B.V. India Leave Policy

• Statutory Maternity Leave
  • Women employees are eligible to claim 26 weeks paid maternity leave as per Maternity Benefit Act 1961. This can be availed maximum on two occasions only. A fitness certificate should be submitted at the time of resumption of duties.
  • Every women employee availing maternity leave is eligible for an insurance coverage of INR 50,000 for normal/C-section.
  • If employee wishes to extend her maternity leave, she shall make a written request to her Reporting Manager and Total Rewards Analysts with a valid justification. In such situation Reporting Manager and Total Rewards Analyst will review the case and inform employee to utilize her SL, CL and PLs for payable days OR / up to a maximum of 4 weeks from 90th day with loss of pay.
• Statutory Paternity Leave:
  • All confirmed male employees are eligible for availing Paternity Leave not exceeding 3 consecutive working days (excluding holidays) up to 2 children. These leaves are paid leaves.

Total Rewards will consult with Global Upside to ensure that the statute is met.