India Development Center (IDC)
May 2024
{
Know Your Benefits
at Walmart
}
Contents
• Compensation
• Benefits & Well-being
• Time-off and Flexibility Options
• Inclusive Practices
• Careers & Development
Content
Compensation
Base Pay Flexible Compensation Allowance
Retirals
Official Allowances
Recognition
Competitive fixed pay in line with market
practices
It’s an integral part of our culture. We have
plenty of opportunities to recognize our
high performers with Badges, Individual and
Team awards
Financial security during your retirement
Align your pay in the most tax-efficient
manner
To enable associates to work in multiple
shifts and extra hours at work
Compensation
Elements
Performance linked rewards
Higher your performance, higher the
opportunity to earn more Annual Incentives
and more RSUs
Tax Saving Benefits
Voluntary Provident Fund
Contribute maximum of 88% of the basic salary in the statutory social
security scheme
National Pension System
Voluntary contribution towards retirement savings scheme under
section 80 CCD. Max contribution: 10% of Basic salary
Company Leased Car
Level G & above | Utilize up to 100% of the Annual Flexible
Compensation Plan (FCP) to lease a company car. It covers monthly
lease rentals, driver’s salary, fuel charges, maintenance & insurance
Medical Insurance voluntary top-up
Premiums deducted through payroll and is exempt from taxes under
Section 80D of Income Tax
Annual Health Check-up
Cost of health check-up reimbursement up to 5K is exempt from tax
deductions
Leave Travel Allowance
Round trip in block of 4 years. 2-way ticket costs to be tax free.
Telephone Reimbursement
Expenses towards a personal telephone/mobile connection is exempt
from income tax
Benefits & Well-being
Medical Insurance
Hospitalization
expense coverage
up to ₹5 Lakhs
Voluntary Top-up
Enhanced medical
insurance cover of
₹2 Lakhs - 20 Lakhs
Outpatient care
Outpatient medical
expense coverage
up to ₹ 20,000
Accident cover
Accident cover of
up to 3 times of
Annual Gross Salary
Life Insurance
Life cover of up to 5
times of Annual
Gross Salary
Teleconsultation
Tele-consult with
specialist doctors on
MediBuddy Gold
Health Checkup
Opt for an annual
medical exam and
COVID tests
Happy Minds
Access counselling
for emotional well-
being support
Fitness
₹25K reimbursement
for physical, mental &
financial fitness progs.
Wellbeing Norms
Team based norms
like lunch hour, Zoom
free time, reset days
Personalized Progs
Self-paid Maternity,
Smoking cessation,
Weight loss progs.
Wellness Calendar
Webinars on
physical, mental and
financial health
Financial eLearning
Self-paced learning
modules to help you
manage finances
Tax e-Filing
20% discount on tax
returns e-filing on
Clear Tax portal
Wellbeing Pod
Access virtual
wellness resources
on ME site
BYOD
Mobile device for
business use up to
₹30,000 every 2yrs
Time-off Options
Leaves for wellness,
life changes and
parental care
Flexible Work
Options for part-time,
changed schedule and
sabbatical
Childcare Support
Creche near-office
& near-home and
Nanny services
Covid Care
Access to medical
care, leaves and
wellness resources
Internet & Telephone
Internet up to ₹ 2K
per month and Official
phone calls up to ₹1.5K
per month
IT Accessories
Reimburse headset,
mouse, keyboard, up
to ₹ 2,500
Transport
Company cab and
shuttles available for
in-person visits
Volunteering
Volunteer your time
towards making a
difference
Food
Snacks in the pantry,
lunch at cafeteria
for in-person visits
Collab spaces
Workstations, rooms
for team meetings
and collaboration
Wellness spaces
Sick rooms, Mother’
resting room and
indoor games
Concierge service
Onsite support with
courier services, bill
payments, etc.
Associate
Infrastructure
Work-Life Benefits
Wellness Benefits & Resources
In-Campus Services
Relocation
Assistance with shifting
to your base location
(for eligible associates)
Leased Car
Use up to 100% of your
FCP to lease a company
car (level G & above)
Careers & Development
E-learning
Never stop learning with access to online
courses and professional development
Education Assistance
Take up a course that can help you in your
current role and expand your skillset with
the Education Assistance program.
Learning Calendars
Vast array of programs to aid
development at various career levels
Career Opportunities
We have lateral & progressive internal job
posting options that will help associates
build long-term diverse careers
Time-off and Flexibility Options
Sick Leave
12 days of paid leaves in
a calendar year for
your personal health
and wellbeing
Casual Leave
12 days of paid leaves in
a calendar year to help
you manage personal
ad-hoc commitments
Annual Leave
18 days of paid time-
off
in a calendar year for
vacations & wellbeing
Floater Leaves
2 days of paid time-off
in a calendar year to
celebrate your
important festivals
Public Holidays
10 national and state
declared holidays based
on statutory guidelines
Leave of Absence
Upto 12 months of
unpaid leave for
personal reasons and
higher education
Compensatory Leaves
Leaves in lieu of work
on your weekly offs or
public holidays due to a
business reason
Volunteer Leave
2 working days of paid
leave for volunteers
under the Walmart
CSR program
Relocation Leave
3 days of paid time-off
to support an associate
eligible for relocation
or business transfer
Marriage Leave
5 days of paid leaves
for associates getting
married
Bereavement Leave
5 days of paid time-off
to support an associate
during the demise of a
close family member
Family Caregiving
2 weeks paid leave to
support an associate’s
role as a caregiver to a
dependent family
member
Maternity Leaves
26 weeks of paid leave
for a biological mother,
for upto 2 children
Paternity Leaves
15 working days of paid
leave for associates on
becoming a father
Adoption Leave
26 weeks & 3 weeks of
paid leave for primary
& secondary caregivers
respectively, when
adopting a child
Family Planning Leave
2-weeks paid medical
leave for surgeries
related to family
planning
Pregnancy Sickness
4 weeks of paid leave
for illness arising out of
pregnancy or delivery
Miscarriage Leaves
In the event of a
miscarriage, women
associates can take 6
weeks of paid leave
Surrogacy Leaves
26-weeks of paid leave
for commissioning
mothers
Part-time Working
Flexible option to work
less than standard work
hours or working days
in the week
Changed Schedule
Flexibility to vary the
start and end time of
the working day
Inclusive Practices
Family definition
Spouse/domestic partner including same-sex partner, upto 2 children
(including adopted and children born via surrogacy) and any one set
of parents or parents-in-law
Inclusive insured benefits
Coverages for mental health, disability and gender realignment
surgery
Women associates working between 7 p.m. and 6 a.m.
Exclusive company cabs with security escorts are provided and the
associate is dropped off at their residence
Expectant Mothers
Pregnant associates get company cabs/reserved parking if they come
by their own vehicle. Footrests are also provided in office
Ergonomic workstations
Ergonomic workstations for persons with disabilities
Associate Resource Groups (ARGs)
Voluntary communities in the workplace that support diverse agendas
like working women, back to work, LGBTQ community, etc.
//*Walmart is a place of opportunity. Here, you can go as
far as your hard work and talent will take you. Our
associates are building better lives for their families, and
we’re proud to be a part of their success stories. We’re
investing in our associates by offering competitive pay,
best-in-class benefits, advanced training, and career
development. No matter what goals our associates set
for themselves, we want to help them grow
professionally and personally. To that end, we offer
these benefits to help you grow to your full potential.
Thank you!();