Welcome to the Hub Rewards Program, a testament to our commitment to recognizing and rewarding the invaluable contributions of all team members. This program is designed to align everyone's efforts with the company's success, fostering a culture of shared accomplishment.
Eligibility Criteria
Participation in the Hub Rewards Program is extended to all employees who have demonstrated dedication, commitment, and excellence in their roles. The eligibility criteria are as follows:
- All Employees Eligible: Any employee who joins the company is eligible for rewards.
- Performance Tracking: Employees must diligently track their work and provide regular reports to their vertical heads to remain eligible.
Types of Rewards
| Reward Type |
Description |
| Project-Based Rewards |
Distributed based on collective performance and achievements on a project. |
| Individual-Based Rewards |
Granted based on an employee’s personal contributions and impact. |
| Milestone-Based Rewards |
Rewarding significant performance milestones and exceptional outcomes. |
Individual Contribution Factors
- Your day-to-day work should not be affected
- Innovation and Initiative: Recognizing individuals who go above and beyond in driving innovation and taking initiative.
Clawback Provision
In unforeseen circumstances or material changes, the company reserves the right to adjust Hub Reward amounts while ensuring fairness and transparency.
💡 If any employee slacks and their day-to-day work is affected, the company reserves the right to remove them from the rewards program.
Program Guidelines and Conditions
💡 A max of 15% of the profits will be given out as incentives. All incentives are paid on the Post-Expense Revenue (after all expenses incurred by the company).
- Quarterly Payouts: Incentives will be paid out at the end of every quarter, aligned with the calendar year. All rewards will be paid out quarterly and split proportionately between the people involved in the respective projects.
- Tracking and Reporting: Employees must track their contributions and submit weekly and monthly reports to their vertical heads without fail to be eligible.
- Direct Costs Deduction: Before calculating the payout, any direct costs will be deducted. This could include third-party expenses, external partner fees, ads spend, creator payouts, videographer fees, reimbursements, giveaways, and other related expenses.
- Tax Deduction at Source (TDS) Implementation: Tax implications are considered with TDS being implemented as required by law. This ensures compliance with tax regulations.
- Minimal Impact on Day-to-Day Operations: Employees' day-to-day work should not be affected. If an employee underperforms, they will no longer be eligible for the rewards program.