Global Upside Benefits

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India

All of the benefits listed below are administered and managed by Global Upside. As part of the onboarding process Global Upside will reach out to team members in their first week to arrange setup and enrollment. Should you have any questions, please contact:

Email	Purpose
gitlabpayroll@globalpeoservices.com	Payroll-related questions
gitlabHRSS@globalupside.com	All Other Queries (Benefits, Human Resources and Leave)

Medical Benefits

• Group Mediclaim Policy is arranged through ICICI Lombard and renews on May 29.
• 2024 Group Health (Floater) Insurance Policy which will take care of hospitalization expenses, the coverage provided is available for the team member, their spouse, up to two children, and dependent parents or parent in-laws. See additional details on the policy and definitions.
• Group Personal Accident policy including accidental death benefit.
• For additional information on how 2024 Benefits operate, please check out the documentation on the Google Drive.

Pension

Global Upside has a provident fund that the members pay to the government. This is included in the CTC. It ensures retirement benefits and family pensions on death in service. EPF benefits typically extend to all team members in an organization

• Member Contribution(% of base salary):
  • EPF: 3.67% and EPS: 8.33%, Total Contribution: 12%
• Employer Contribution(% of base salary):
  • EPF: 12%, EPS: None

Salary Ceiling: EPF: Mandatory contribution remains up to a monthly salary ceiling of INR15,000

Global Upside will provide you with a declaration form on which you will indicate your desired Employees Provident Fund (EPF) contribution i.e. against assumed compensation or actual compensation. It should be noted that Global Upside is not able to request or process a reduction in EPF contribution once your selection has been made.

Life Insurance

Most companies in India do not offer life insurance as part of the benefits package. Global Upside, similarly, does not offer a life insurance plan to GitLab team members. Most workers in India will typically get their own life insurance which can be portable throughout their lifetime.

Meal Vouchers

Sodexo Meal Cards are an optional benefit. These Meal Cards work like a Debit Card, which can be used at any outlet selling food items and non-alcoholic beverages that accept card payments. If you would like purchase these a deduction from salary will be made each month. All team members are given the option to opt-in for Sodexo cards during the pre-onboarding process managed by the CES (Candidate Experience Specialist) team.

Global Upside India Parental Leave

Statutory Leave Entitlement

Maternity Leave: Team members can take up to 26 weeks of Maternity Leave (for up to 2 occasions).

Paternity Leave: There is no statutory entitlement for paternity leave, but team members are eligible for GitLab’s Parental Leave policy.

Maternity Leave Payment

• If you are eligible, you will receive 100% paid Parental Leave from GitLab for up to 26 weeks.
• Every female team member availing maternity leave is eligible for an insurance coverage of INR 50,000 for expenses related to delivery.

Paternity Leave Payment

• If you are eligible, you will receive 100% paid Parental Leave from GitLab for up to 16 weeks.

Applying for Parental Leave in India

To initiate your parental leave, submit your time off by selecting Parental Leave Workday at least 30 days before your leave starts. Please familiarize yourself with GitLab’s Parental Leave policy.

Gratuity

Gratuity is a statutory offering in India per The Payment of Gratuity Act, 1972 which is offered through Global Upside based on the Global Upside hire date.

Loyalty Bonus Scheme

GitLab has implemented a private loyalty bonus scheme since some team members have been contracted through different employment types as we have worked through country conversion processes. Therefore, the GitLab Loyalty Bonus Scheme will supplement gratuity based on the GitLab hire date vs the PEO hire date.

Eligibility: One can only claim Loyalty Bonus after retirement or resign from the service after completing 5 years of continuous service.

Forfeiture of Loyalty Bonus: The full amount of Loyalty Bonus can be forfeited if a team member’s services have been terminated due to: a) Riotous or disorderly conduct or any other violent act; b) Committing an offence involving moral turpitude.

Calculation of Loyalty Bonus:

Loyalty Bonus Amount = Gratuity Calculation using GitLab Hire Date + Gratuity Calculation using PEO Hire Date

The duration for Gratuity Calculation using GitLab Hire Date is the duration prior to the hire date of the PEO

Note: The Loyalty Bonus Amount is provided by GitLab to the team members. Any amount which GitLab will pay as Loyalty Bonus would be fully taxable for the team members.

Total Rewards Responsibilities:

• Maintain Gratuity Calculation sheet
• Update the sheet every month
• Send an email to Accounts team on or before 5th of every month to calculate the accruals.