Career Benefits
LIFE INSURANCE
We offers a comprehensive life insurance facility to provide financial security and peace of mind for our employees and their families. This benefit underscores our commitment to supporting the well-being of our team members.
GRATUITY
Sail Impex's policy ensures that each employee receives a gratuity equivalent to one month's salary (last drawn) for each full year of service upon the end of their employment, in accordance with labor law. In the event of an employee's death, the gratuity is provided to their legal heirs.
E.O.B.I
Our policy is to register all employees with the Employee's Old Age Benefit Institution (EOBI) after a probation period of 3 months. The EOBI Department provides pensions to retired employees who meet the minimum service requirements under EOBI law. The company contributes 5% of the total employee salaries to the EOBI Department each month for this benefit.
Policy on Salary Increases and Promotions
Our Policy on Salary Increases and Promotions is designed to reward and recognize employee performance and contributions. Salary increments are typically based on performance evaluations, industry benchmarks, and individual achievements. Promotions are awarded based on demonstrated capability, tenure, and alignment with organizational goals. Employees are regularly reviewed to assess their progress and potential for advancement.
The policy aims to ensure fairness and transparency in compensation adjustments and career growth opportunities. We encourage continuous professional development and provide clear pathways for advancement within the company. Salary increases and promotions are aligned with the company’s overall budget and strategic objectives.
Employees are informed of their eligibility for raises and promotions through formal performance reviews and feedback sessions. Our approach ensures that dedicated and high-performing employees are acknowledged and rewarded accordingly.
Healthcare
Sail Impex provides comprehensive healthcare facilities to ensure the well-being and health of our employees.
Annual Increment
Sail Impex offers an annual increment facility to reward employee performance and reflect their contributions to the company's success.
Special Increment
Sail Impex provides a Special Increment facility to recognize exceptional performance and significant contributions beyond standard expectations.
Workers Profit Fund
Workers Participation Profit Fund is distributed to employees annually following the realization of profits.
Interest Free Loans
An interest-free loan equivalent to one month's salary is available to all employees.
Transportation
Transportation facilities are provided along designated routes for both managerial staff and workers.
