FAQs for Corporate Device
Do we still have the option to purchase a device ourselves and get it reimbursed?
Axelerant will ship a recommended corporate device to your address based on your role. With this change, we have moved away from team member-led device purchases.
What are the eligibility criteria for the years completed before anyone can opt for a second device?
If you need a second device after three years of service here, you can request one via the People Service Desk. With your career managers, we'll thoughtfully decide whether a second device is the best option.
Since I got my current device via the BYOD policy, paying 25% of the cost, does this mean that the device is no longer mine and that I would have to wait another two years for it to become mine?
The Corporate Device Policy applies to team members joining us from April 1, 2024. Those who have purchased a device per the BYOD policy can retain it as their own.
I require a monitor for my role. Can I get that as part of the Corporate Device Policy?
You can purchase additional gadgets under the Home Office Setup Allowance, bearing 15% of the cost of the device.
Can I use this laptop for other personal work?
We recommend using the laptop for office use only, but you can also use it for personal work.
Do I need to pay Axelerant any amount for the device if I separate within three years?
No, the revised policy applies to new devices issued after April 1, 2024. A new team member is issued a corporate device that will be retrieved in the case of team member-initiated separation within three years.
FAQs for Leaves
How are the leaves being calculated till the joining month?
3.3 days of leave are credited for each month from April 2024 until the month of joining. Your leave balance will be reset in your joining month with 40 leaves for the following year.
Can I carry forward ten days of leave every year? Is there a limit to the number of leaves I can carry forward?
You can carry forward a maximum of 10 days every year, but the total leave balance cannot exceed 50 days at any point.
Do I have to request for leaves to be carried forward or is it automatic?
Any unused leaves from April 1, 2024 till the joining month will be automatically carried forward up to a maximum of 10 days. Any extra days of leave lapse, unless the team member chooses to donate them to the kindness leave pool, making it available to all team members.
Who is eligible for Kindness Leaves?
All permanent team members who have used up their consolidated leave balance are eligible for Kindness Leave.
How do I apply for Kindness Leaves?
You can apply for Kindness Leaves by filling out this form.
What types of situations qualify for Kindness Leaves?
Kindness Leaves are provided to support you during challenging times, whether it's a medical emergency or any other unexpected situation requiring your attention.
How long does it take to process a Kindness Leave application?
The processing time for a Kindness Leave application involves filling out a Kindness Leave form, which is reviewed by the People Ops team. Once approved, team members can apply for Kindness Leave through the portal. This typically takes 3-4 working days.
How are Kindness Leaves different from Consolidated Leaves?
Kindness Leaves are a unique pool created from team member contributions for emergencies or urgent situations. Consolidated Leaves are planned in advance for vacation, personal, or sick leave.
Can I combine Kindness Leaves with consolidated leaves?
Kindness Leave is intended for personal emergencies, so we do not recommend combining it with consolidated leaves.
FAQs for Co-Working
Applying for the Allowance
How do I apply for the Co-Working Allowance? Simply submit your co-working space expenses through Zoho expense portal.
What documents or information do I need to provide when applying for the Co-Working Allowance? Upload a copy of your rental agreement and any relevant receipts from your co-working space. We want to ensure your workspace arrangements are smoothly facilitated.
How long does it take to process a Co-Working Allowance application? When you submit your claims by the 12th of the month, we make sure they're processed swiftly between the 16th and 17th. If your submission comes after the 12th, we'll take care of it the following month. We organize it this way to ensure you get your reimbursements smoothly and on time.
Eligibility Criteria
Who is eligible for the Co-Working Allowance? This benefit is available to all team members who are looking for a professional workspace, enhancing your productivity and comfort.
What types of spaces are eligible for the Co-Working Allowance? We support rentals in commercial co-working spaces that uphold professional standards, ensuring you have a conducive work environment.
Can I rent a space if my location doesn’t have Co-working spaces? If you're in an area without commercial co-working spaces, let us know. We're here to help find suitable alternatives that support your work needs.
Switching Workspaces
Can I switch from a Co-Working space to a home-office setup mid-year? Yes! You're welcome to switch as your work needs evolve throughout the year, ensuring your workspace always suits your current situation.
Can I avail of the Co-Working Allowance and also buy a home office setup (furniture)? Yes, feel free to use your allowance for co-working spaces and supplement that with home office furniture to best suit your work style.
How often can I switch between a Co-Working space and a home-office setup? Switch as often as you need. We understand that your work preferences might change, and we encourage you to create the best setup for your productivity.
Using the Allowance
What is the maximum amount I can claim under the Co-Working Allowance? You can claim up to INR 12,000/USD 200 monthly, dedicated to supporting your choice of professional workspace.
How often can I claim the Co-Working Allowance? We encourage you to claim this allowance monthly to maintain a consistent and supportive work environment.
Are there any restrictions on how I use the Co-Working Allowance? The allowance is specifically for covering costs associated with professional co-working spaces, ensuring the environments you work in are optimal for professional activities.
FAQs for Continuing Education and Training
How should I utilize the Continuing Education Allowance budget of 2% of my fixed annual salary?
You can buy books, e-readers, or courses that help you grow in your current role or take a workshop or certification to help you excel in your current role and prepare for the next level.
Who is eligible for the Continuing Education Allowance?
All permanent team members are eligible for Continuing Education Allowance.
Can I claim the reimbursement if I fail to clear the certification on the first attempt?
Yes, you can file for a second attempt of certification. Axelerant would cover 50% of expenses, up to a limit of 2% of your annual fixed salary. For the third attempt onwards, we request that the team member cover all the expenses of their certification
Are recommended certifications part of the 2% Continuing Education Allowance?
Yes, all certifications, recommended or otherwise, are included in your 2% Continuing Education Allowance.
How often can I use the Continuing Education Allowance?
The Continuing Education Allowance is available as an annual benefit, and you're welcome to utilize it at your convenience throughout the year.
What is the reimbursement policy for certifications requested to be done by our Career/Reporting Manager for business requirements?
Certifications requested to be taken for business reasons are reimbursed at 100%, outside of your allocated CEA budget. Fill out the education sponsorship form and select the “Service Area Leadership” budget category.
FAQs for Short-Term Financial Support
When am I eligible to apply for a Short-Term Financial Support with Axelerant? What is the procedure?
When you have been with Axelerant for over one year, and based on Axelerant's cash flow and your situation, you can request interest-free financial assistance of up to 10% of your annual pay for a four-month period at People Operations discretion. Apply via People Service Desk
How do I make loan repayments?
Loan repayments will be deducted from your salary monthly over a period of 4 months.
Can I apply for multiple requests for assistance at once?
You may apply for multiple assistance requests, but approval depends on Axelerant's cash flow situation at that time. Our assistance is primarily for emergencies when you cannot secure support from financial institutions via personal loans and urgently need financial help.
Who do I contact for support or issues with my loan?
Contact via People Service Desk or send an email at people@axelerant.com.
FAQs for Health and Wellness Allowance
What is included in the Health and Wellness allowance?
Anything that allows you to stay fit physically, mentally, and psychologically. You can buy a bicycle, enroll in yoga classes, health-related digital apps and gadgets, or attend any health camps. Fitness accessories are also included in this allowance.
Is the Health and Wellness Allowance prorated upon joining?
Yes, the Health and Wellness Allowance is prorated based on your joining date. For instance, if our allowance is up to INR 18,000/USD 250 for the April to December fiscal year, and you join in October, you would receive up to half of the annual allowance, which is up to INR 9,000.
How often can I claim the Health and Wellness Allowance?
You can claim the Health and Wellness Allowance as per your needs, up to the total annual amount of INR 18,000/USD 250. This allowance is available for your use throughout the year, and you can utilize it according to your balance whenever needed.
What is the maximum amount that can be claimed under the Health and Wellness Allowance?
You can claim up to INR 18,000 per fiscal year for the Health and Wellness Allowance. Axelerant reimburses 75% of claimed expenses.
For example, if you spend up to INR 24,000 on eligible health and wellness expenses, Axelerant will cover 75% of that amount, up to a maximum of INR 18,000.
Let’s say I purchase an item for Health and Wellness for INR 18,000, out of which 75% will be reimbursed by Axelerant, amounting to INR 13,500. Can I make additional purchases for the remaining amount?
You will have INR 4,500 remaining as a Health and Wellness budget for other reimbursements.
What happens to the unused amount from my yearly allowances? Will that amount be added to my taxable salary, or does it lapse?
The unused amounts from the allowances are not added to your salary at the end of the year. Most benefits lapse at the end of the year, while benefits such as the Home Office Setup Allowance are carried on and can be claimed later.
What documentation is required to claim the Health and Wellness Allowance?
To claim the Health and Wellness Allowance, you will need to provide documentation such as receipts, gym membership invoices, or any other relevant proof of expenses related to health and wellness activities.
What are the contact details for Group Health Insurance customer support?
In case of emergencies (e.g., on the way to the hospital), reach out to the Plum team at 08047170505 to answer all your insurance-related questions.
Note: This is a hotline number and should be used only in case of emergencies.
What should I do if my Health Insurance card is incorrect or has errors?
If your Health Insurance card is incorrect or contains errors, please raise a People Desk ticket for this.
Can I request a physical Health Insurance card?
Yes, you can request a physical Health Insurance card upon request. However, Plum provides a digital health card which you can find by signing in to Plum website, using your Axelerant email ID.
How do I change my health insurance plan?
Since we offer corporate group insurance plans, we do not have provisions for switching to individualized health insurance plans.
FAQs for Home Office Setup
If I am with an organization for six years, do I get two top-ups of the Home Office Allowance? Or will the first top-up lapse if I do not use it?
Yes, you will receive two top-ups of the Allowance (one after three years and another after six years). Neither the first-year benefit nor the additional amount of INR 15000 after three years will lapse.
What if the Home Office setup allowance is not claimed in the first year of employment (e.g., buying a new screen) but claimed after the 3rd year instead? Will the applicant be eligible for a cost up to (INR 45000 + INR 15000) or only INR 45000?
Yes, the applicant will be eligible for an allowance of INR 45000 plus an additional INR 15000, as this allowance does not lapse if unused.
When I joined, the Home Office Setup Allowance was INR 30,000, but has now increased to INR 45,000. Do I get the additional allowance now, or do I have to wait for the three-year period to get the extra amount?
You will be eligible for INR 15000/- starting April 1, 2024, and INR 15000/- every three years.
FAQs for Expenses Reimbursement
Where and how to submit my Expense claims?
For Indian folks, submit expense claims via Zoho expense
For team members outside India, submit expense claims via Xero
How to submit a claim on Zoho Expense?
Check out the step-wise instructions and demo video given here.
What is the last date to submit my Expense claims?
Expense claims must be submitted by the 12th of each month to meet our monthly cut-off date of the 13th.
When are expenses reimbursed?
For team members in India, reimbursement claims are reviewed by the 13th-15th of the month and typically processed by the 22-23rd of the month.
For team members outside India, reimbursement claims are paid with monthly payments.
What happens if I miss the deadline for submitting an expense claim?
We follow a cut-off date of the 13th of each month.
If you submit your expenses on or before the 13th, you will receive your reimbursements typically by the 22nd-23rd of the month.
If you submit after the 13th, the reimbursement will be processed in the following month's expense cycle.
For example, if you submit your claim on June 10th, it will be processed by the end of June. If you submit your claim on June 15th, it will be processed in July.
Can I submit multiple expense claims at once?
Yes, you can submit multiple expense claims at once on ZOHO Expense. For example, if you want to submit both Co-working and Home Office Set-up expenses together, you can select the bulk add expenses option on the portal while submitting them.
What supporting documentation is required for expense reimbursement?
You need to submit the required receipts and bills, which must include the company name (Axelerant Technologies Pvt. Ltd.). For team meet-up expenses, please include the Slack link where the communication or photos were shared in the description for reference.
What information should be included on reimbursement bills?
Reimbursement bills should include detailed receipts, the date of the expense, the amount, and a clear description of the expense.
What happens if my expense reimbursement request is rejected?
If your expense reimbursement request is rejected, you will receive a notification detailing the reasons for the same. You can review the feedback and make necessary adjustments before resubmitting your request for reconsideration.
Who do I contact if I have issues with my expense reimbursement?
You can send an email at people@axelerant.com or create a ticket stating your issue.
FAQs for Team Member Referrals
How do I refer someone for a job at Axelerant?
To refer someone for a job at Axelerant, send their resume to the Slack #job referrals channel, stating the position you are referring them for.
Once the referral is confirmed in the channel by a recruitment team member, request the person to apply for the position through our careers page.
How will I know if my referral was accepted or rejected?
Once your referral is considered a probable fit for a vacancy at Axelerant, a recruitment team member will confirm the same on the Slack #job referrals channel.
What happens if the referred team member leaves before 100 days?
If your referred team member leaves the company before completing 100 days, you will not be eligible to receive the referral bonus.
What should I do if I have issues with my referral bonus?
You can reach out to people@axelerant.com or create a ticket stating the issue.
How shall I get the referral bonus processed for myself?
You will receive the referral bonus along with your salary after the team member has completed 100 days in the system.
FAQs for Tools
I’m unable to log in to 1Password/I forgot my password and cannot reset the password.
If you cannot log in, please email people@axelerant.com or create a ticket stating the issue with a screenshot and ask the team to reset your 1Password account. You will receive a link via email to log in once the People Operations team completes the password recovery.I’ve added my Bank details to Zoho People, but my Zoho Payroll account is inactive.
It takes approximately 24 hours for Zoho Payroll to be activated after the Bank details are added to Zoho People. Please ensure that all required details, such as Date of Birth, PAN, Aadhar number, etc are added to Zoho People to avoid delays in activation due to missing information.
You can wait till Day 3 of your joining to check out your Zoho payroll account, and if you don’t have access even then, please email people@axelerant.com or create a ticket here.
FAQs related to Tax exemptions (IT declaration and Proof of Investment submissions)