Albertsons Companies cares for your physical, emotional, and financial well-being by offering comprehensive benefits for every stage of life as you grow your career with us.
Life happens
We’re invested in the well-being of our associates. Your Albertsons Companies benefits are here to support you no matter what happens in life.
Healthcare Benefits
- Eligible associates receive Group Medical Insurance that covers medical hospitalizations, Sum Insured: INR 6,00,000 Family Floater. Base Coverage: Associate + Spouse/Partner + All Children + Parents or Parents-in-law (either set).
- Premiums for Base Coverage paid by the company.
- Standalone Wellness program for associate and dependents (spouse or partner, children, parents or parents-in-law (either set).
- Preventive health checkups
- Online doctor and specialist consultations
- Discounted pharmacy purchases
- Vision and dental coverage up to limits
- Consultation with Clinical Psychologists
- Discounted fitness program
- 24/7 confidential telephone helpline for associates and family members.
- Provides resources and support for stress, mental health issues, financial concerns and more.
Financial Protection Benefits
- 3X annual fixed pay for full-time associates.
- 3X annual fixed pay for full-time associates.
- Coverage for accidental death, total permanent disablement (TPD) and permanent partial disablement (PPD).
Time Off Benefits
- Paid Time Off (PTO) so you can rest and recharge.
- Full-time associates earn 18 days per year.
- You can carry forward up to 45 days of leave entitlement.
- Full-time associates receive 12 days of paid sick/casual leave per calendar year, with no carryover.
- Associates are entitled to 12 paid public holidays annually – 10 fixed holidays observed company-wide, plus 2 floating holidays.
- Floating holidays are selected from an approved list, based on your personal preferences or cultural observances.
- Expecting mothers are provided 26 weeks (182 calendar days) of maternity leave for all children.
- Leave for miscarriage or medical termination of pregnancy is 6 weeks.
- Leave of illness arising out of pregnancy is 1 month.
- Leave for Tubectomy Procedure is 2 weeks.
- Paternity leave is 15 days (birth fathers and adoptive fathers).
- Leave for adoptive and commissioning mothers is 26 weeks.
- Paid time off from work to care for the medical needs of an immediate family member.
- 5 days per calendar year.
- Paid time off from work for the death of an immediate family member (spouse, child, parent, parent-in-law, grand-parent, sibling)
- 5 days per instance.
- Compensatory off days are provided.
Retirement Benefits
- Mandatory scheme to provide for retirement savings.
- Associate contribution: 12% of basic salary.
- Company contribution: 12% of basic salary.
- Voluntary Pension Fund where associates can contribute up to 10% or 14% of their basic salary (depends on the Tax regime) after 1 year of service.
- Payment to associates after 4 years and 190 days of continuous service.
- It is an amount paid to you based on your total service with Albertsons Companies payable on your termination month.
- Paid as 15 days of basic pay for every year of service based on last drawn salary.
Perks
- Program will assist parents-to-be with information and guidance from specialists on the health and well-being of expecting mothers and their babies.
- Available on date of hire.
- If you are a regular India associate, you are eligible to receive a reimbursement of your monthly daycare expenses.
- No cap on number of children.
- Scheduled transportation for associates while commuting to and from the office in India.
- Door to door pick up & drop off for all associates.
- Two meals per day (lunch and dinner) included.
- Free beverages and snacks provided in common pantry areas.