Our Benefits
You should thrive in your career and beyond. We want our team to have the resources necessary to live their lives to the fullest. That's why we go the extra mile in creating benefits that help make this a reality.
Sibros offers medical plans through Blue Shield and Kaiser Permanente contributing 90% of employee and 65% of dependent(s) cost towards the High Option Base Gold PPO or HMO plan. The dollar value of the Sibros base Gold plan Contribution will apply towards all options.
- 3 PPO options available nationwide through Blue Shield
- 3 HMO options available through Kaiser Permanente (California-based employees only)
- 1 HDHP HMO with HSA option available through Kaiser Permanente (California-based employees only)
If you elect in a high deductible plan, Sibros offers a Health Savings Account (HSA) account. Sibros contributes a set amount into your HSA bank account, based on the medical plan you select. An HSA account allows you to contribute pre-tax payroll deductions based on the IRS maximum to use towards eligible healthcare expenses.
PPO dental coverage is provided through Guardian Dental.
PPO vision coverage is provided through Guardian/VSP Vision. PPO benefits provide coverage after a $10 copay for exam and $25 copay for materials with exam and lenses every 12 months and frames every 24 months.
Sibros offers employees and dependents free support services at no cost to employees
A three session per person, per issue, per year is offered through IHB/Guardian covered 100% by Sibros
Sibros provides eligible employees with $50,000 group term Life and AD&D insurance through Guardian, offered at no cost to employees.
This benefit is offered at no cost to employees as Sibros covers 100% of the LTD plan, provided through Guardian.
This benefit is offered at no cost to employees as Sibros covers 100% of the STD plan, provided through Guardian.
Optional additional Life and AD&D coverage is available to you and your family at your own expense on a payroll deducted basis, provided by Guardian.
Optional Critical Illness coverage is available to you and your family at your own expense on a payroll deducted basis with coverage providing lump sum payments for critical illness.
401K plans are provided by Guideline and employees are automatically enrolled after a 90-day eligibility period.
Employees can defer personal income, not to exceed $20,500 for 2022, and an additional $6,000 catch-up contribution for those age 50 or above.
- Flexible PTO policy
- 9 holidays observed each year
Sibros offers our full-time employees a home office budget to support your ability to work from home to a maximum of $400 USD.
Sibros offers educational assistance for expenses associated with programs and training that offer professional growth and development.
- 16 weeks
- 8 weeks
- 1 week
- 1 week
Quality health care is provided through ICICI and provides medical expenses incurred by the Insured during day care treatment, hospitalization, domiciliary hospitalization, for any illness or injury suffered during the Policy Period.
Sibros offers paid Flexible PTO for rest, recreation, or sick time off and observes a minimum of 9 paid holidays each year (or as otherwise required by applicable law).
Sibros offers our full-time employees a home office budget to support your ability to work from home to a maximum of 27,500 INR.
Sibros offers educational assistance for expenses associated with programs and training that offer professional growth and development.
Provides flexibility to employees in structuring their compensation to make it more tax-friendly by choosing components that are most relevant to them.
Free lunches for those employees reporting into an office; snacks and beverages fully stocked at every location.
Women employees who have completed 80 days of continuous employment are entitled to paid maternity leave of up to 26 weeks.
Up to 8 weeks of paid time off after 80 days of continuous service and in accordance with Company policy and eligibility requirements.
Gratuity shall be payable to an employee on the cessation of the employment after she/he has rendered continuous service for not less than five (5) years on the employee’s superannuation, retirement or resignation, or death or disablement due to accident or disease.
Two options given to employee: 1) Rs. 1800 from both employer and employee, or 2) a maximum of 12% of basic salary contribution from both the employer and employee.
