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Employee WelfareIn IT Industries

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Unique Features of

E-Organization

There are no generally accepted rules.

Victory goes to the quick.

Location doesnt matter .

Integrated information is everything.

Increase employee isolation, social

isolation while helps in building a

community.

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Business Appliances: 20% of the organizationsprovide this benefit. These organizations extendthis benefit in the form of laptop/computers.

Company Car: Typically provided to the seniormanagement employees.

Housing loan: Organizations either provide theloan internally or tie up with financial institutions toprovide the loan amount to employees.

Vehicle Loan: Some organizations have the policyof providing other loans or personal loans whichcan be used for purchasing a vehicle.

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Superannuation: Long term retirement

benefit which 33% of the organizations in

the IT industry provide.

Domestic Relocation: Benefits like travel

fare, initial boarding and lodgingexperiences which are borne by the

organizations for the employee and his/her

family, along with assistance in movinggoods.

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Information Technology Act, 2000

The Act aims at providing legal recognitionfor transactions carried out by means ofelectronic data interchange and other

means of electronic communicationscommonly referred to as "electroniccommerce" which involve the use ofalternative to paper based methods of

communication and storage of informationand aims at facilitating electronic filing ofdocuments with the government agencies.

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According to Information Technology Act, 2000:-

The salary and allowances payable to, andthe other terms and conditions of serviceincluding pension, gratuity and otherretirement benefits of the Presiding Officer ofa Cyber Appellate Tribunal shall be such as

may be prescribed.

The salaries, allowances and other conditionsof service of the officers and employees orthe Cyber Appellate Tribunal shall be such asmay be prescribed by the CentralGovernment.

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A few other includes:

Gym & Social Membership.

Credit Cards.

Telephone.

Gratuity.

Personal Accident Insurance.

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