Local benefits packages enable you to choose from 3 pre-created benefits packages and offer country-tailored benefits to your team. The benefits can include health and life insurance, perks, allowances, and pension based on the country.
Benefits packages
Companies can choose from Essential, Competitive, and Best-in-class packages. Some of the coverage highlights include:
- Dedicated app to book appointments
- Faster claim experience
- Accident/disability insurance
- Best-in-class service by top India providers
- 3 different plans to choose from
- Dependent coverage - Partner, children and parents
Benefits providers
Oyster works with top local insurance providers in India who understand the market and offer reliable service.
- Health Insurance: Plum
- Life and Disability Insurance: Plum
How to enroll your Team Member in India into a local benefits package
You can enroll your team into local benefits in India from the hiring flow or from the in-app benefits flow.
From the hiring flow:
- After you fill out the compensation details, you will be taken to the Benefits section of the hiring form.
- Select a benefits package based on your company’s benefits strategy. Here's some recommendations on which to choose:
- Choose Essential if you only want to offer statutory and common benefits
- Choose Competitive if you want to offer benefits that most local employers in that specific country offer and want to remain competitive
- Choose Best-in-class if you want to offer premium benefits that sets you apart
To remain non-discriminatory, it is important to enroll all of your Team Members into the same benefits package.
- You can also choose to select health add-ons on top of your package. The add-ons include health benefits provided by Allianz.
- After you make a selection you will be shown the total estimated monthly costs.
From the benefits flow:
- Click People > Benefits from the left menu in your Oyster account.
- On the Benefits page, review the list of engaged Team Members and their benefits enrollment status. Click Enroll benefits to enroll a team member into benefits.
- The Request Benefits Enrollment page opens. Select a plan.
You will see local benefits plan options for India, Poland, United States, and Canada and global benefits provider Allianz for other countries.
- Click Send request. Wait for the success message to appear.
- The Oyster support team will now begin the enrollment process along with the benefits vendors.
Coverage brochures
