Gen Principal Software Engineer Benefits

The employee stock purchase plan (ESPP) allows you to set aside between 2% and 10% of your compensation through payroll deductions to purchase Gen stock every six months at a price that is at least 15% below the fair market value. The discounted price is locked in for a 12-month period. Enrolment periods are held twice a year in February and August.

The gratuity scheme provides you with a portion of your salary as a thank-you for your hard work at Gen. When you leave Gen, you’ll receive 15 days of basic salary for every year of service you’ve completed at the company if you have completed at least five years of service.

In order to provide a flexible and tax-friendly salary structure, Gen allows you to allocate up to 10% of your annual base salary or ₹1.2 Lac—whichever is lower—toward the Flexi component of your salary. You can then reimburse up to ₹20,000 per year for telephone expenses or ₹100,000 for travel allowance.