New Joiner Relocation Policy
Overall process
We understand that relocating to a new city is a big step. This policy is designed to provide practical support to employees moving to Pune so they can focus on settling in and getting started with confidence.
Eligibility
Relocation support is applicable when:
The candidate is hired externally and required to relocate from a different city to Pune
The relocation is permanent in nature
The offer letter explicitly mentions relocation eligibility
Not applicable for movement within Pune city limits.
Relocation Support Structure
Total Cap: Up to INR 50,000 (all-inclusive)
Employees may choose how to utilize the cap across the following components:
A. Temporary Accommodation
To help you settle in, the company will arrange a hotel or serviced apartment stay for up to 14 days by the Admin team
Cost will be managed within the overall INR 50,000 cap
B. Travel to Pune
Booking to be done by the employee
Reimbursement upon submission of valid invoices
Economy mode of travel only
C. Household Goods Transportation
Vendor selection to be done by the employee
Reimbursement upon submission of valid GST invoices
The total combined expense across selected components must not exceed ₹50,000.
The employee needs to clarify to the Company if and how they plan to utilise this allowance at least 2 weeks before their arrival date.
Reimbursement Guidelines
Only GST-paid invoices will be eligible for reimbursement
Claims must be submitted within 30 days of relocation
Reimbursement will be processed post-Finance verification
Expenses exceeding INR 50,000 will not be reimbursed
Recovery Clause
If the employee resigns within 12 months from the date of joining, the actual amount utilized and reimbursed (up to INR 50,000) will be fully recoverable.
Recovery will be adjusted against the Full & Final settlement
Any shortfall remains payable by the employee
Exceptions
Any exception to this policy will be subject to Management discretion and written approval.