FAQs for team members

Shruti Khaitan
Shruti Khaitan
  • Updated

1. How will health benefits be transferred?

  • Any team Members currently enrolled in SafetyWing/IMG/Allianz will continue to be enrolled there.
  • Any discretionary benefits (lunch vouchers, work from home, vacation days, etc.) will be reflected in the new Employment Agreements.
  • Team Members will have the ability to set up their own Private Pension accounts with PFA, TopDanmark and Danica & Heap and have their funds deposited there (Team Members with existing accounts with other providers will have their eligibility evaluated on a case-by-case basis).

2. What will happen to any accrued holidays and RTT?

Any unused vacation that is equivalent to or lesser than 5 days as of Dec 31, 2022 will be carried forward. Any unused leaves that are more than 5 days as of Dec 31, 2022 will be paid out to you

3. What is the process to transfer my employment from the third-party employer and onboarding into an Oyster-owned entity?

The process can be found here.

4.What will happen with respect to Health Checks?

No medical checks are required 

5. Will I have to go through a probation period since I am signing a new agreement?

No, probation is not required and will be waived. 

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