Employee benefits in India: An introduction

With 60% of its population now under the age of 25, India presents a unique challenge to employers who are trying to find and retain talent in this very competitive market. Many companies are luring in new workers by offering attractive an innovative employee benefits. But there are many options—from retirement schemes to health benefits to flextime—and employers would be wise to stay flexible enough to modify their policies to meet the needs of their prospective worker population. This article details India’s most common employee benefits as well as some of the newer options now being offered.