Special Rules for Top Management & Equity & ESOPs Holders
During the first three months of employment, top management, equity, and ESOP holders are considered to be on probation. During this period, their monthly compensation may be on hold.
The probationary period is designed to give the company an opportunity to evaluate the employee's capabilities and suitability for the position.
Within the first three months, the employee must demonstrate their ability to perform the duties and responsibilities of their position to the satisfaction of the company.
At the end of the probationary period, the company will conduct a review to evaluate the employee's performance and determine whether they will continue to work with the company.
If the company decides to continue working with the employee, they will receive their own three-month compensation.
If the company decides not to continue working with the employee, their employment will be terminated, and they will receive compensation for the period worked.
During the probationary period, the employee will have access to the same benefits and policies as other employees, but their eligibility for certain benefits may be subject to review and approval by the company.