The median sum insured is only 3 Lakh
Only 56% offer maternity benefits
Only 25% provide cover for employees’ parents
Hey folks, I work at Plum and this week launched our State of Employee Benefits report (https://www.plumhq.com/state-of-eb). We dug into a ton of data and turns out employees in India don’t really get a good deal when it comes to insurance and other health benefits. Here’s some more interesting aspects -
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While Unicorns are doing better than most companies out there, even competing unicorns could have vastly different policies and coverage
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Enterprise safety is a real thing. They definitely tend to do better than all the ‘hyper-growth, hustle is life’ startups
Would love to hear from this community. And please AMA about the report or how to evaluate your own company-provided insurance and benefits :)