These time-offs one of many HR initiatives implemented by the company to build a strong work culture and employee experience.
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This is the company’s second such liquidity program in less than a year. Over the last six months, the company has seen 2.8X growth in monthly transacting users and a 2.5X rise in monthly orders
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These include an annual ‘One IKEA’ bonus based on company and unit performance, as well as a one-time pension contribution through the company’s “Tack” loyalty program
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Earlier this year the company had announced the first version of UGRO Cares program, to support employees’ mental and physical wellness
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India’s projected salary increase is highest in Asia Pacific for next year as optimism returns over improved business outlook in the next 12 months
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Head of Human Resources, Tarana Virmani, says “The objective is to keep our people engaged in a meaningful way and by ensuring they keep learning, improving and something that keeps them excited and motivated"
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The company comes with a workforce of 1000+ employees and has defined a set eligibility criteria for participation in the ESOP program
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“Companies are built with people from diverse backgrounds, with varied ideas and different working styles. Something that works for me may not work for another employee."
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