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Compensation
   

The governing theme in our organisation is the well being of our employees. The salary and benefits offered are on par with the best available in Construction Industry. It is aimed at not only attracting but also retaining talent. 

A few important perquisites & welfare schemes are highlighted below:

Special Facilities for Site employees are provided

The special facilities include subsidized accommodation, part furnishing of accommodation provided, free transport facilities for work.

Special Medical Insurance Scheme

This scheme is in addition to other medical benefits available to employees. Employees have the option of covering their parents, aged upto 85 years under this scheme.

Retirement Benefits

All staff members are covered under Provident Fund and Gratuity Scheme.

Education of employees' children

L&T Institute of Technology, Mumbai is an exclusive facility for L&T employees' children. The Institute conducts four-year industry-integrated diploma courses in Mechanical Engineering and Electronics Engineering. On successful course completion, students are awarded diplomas by the Directorate of Technical Education, Maharashtra to which LTIT is affiliated.

Prize Money for Academic Achievement: To acknowledge and motivate meritorious wards of employees, the Welfare Department of L&T presents cash awards to students who have scored high percentage marks.  

Additional Benefits at Managerial Levels

Several attractive benefits are available including provision of company car, loans for furniture, housing & childrens higher education and purchase of Personal Computer, membership of Superannuation scheme and reimbursement of expenses on club membership.


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