Strengthen employer brand with outplacement and income guarantee for your employees
Register your company with us with a simple agreement. In case of involuntary job-loss due to termination of permanent on-roll confirmed employees, get them new job, else a payout for a fixed number of months.
Secure peace of mind for your employees and a caring Employer Brand for you. Attract better talent. Help your existing employees sleep well and focus on work instead of working on back up plans in the job market.
Option to customize your package and choose between 1/2/3/6 months of job/income assurance for your employees. Also, enroll new employees and at any time and get them covered.
If you are an employer who cares for and invests in lifelong relationships with employees, we help you cover your employees for involuntary job-loss. In case of termination for medical, business or other reasons, we provide outplacement service with income guarantee. We help them find a new job by sharing their profile with elite recruiters. In case of delay in finding a job, they receive a fixed period, monthly payout within service guarantee limits.
You can secure your employees’ future every year by timely renewal
SalaryNext offers job/income insurance cover to all the employees of a company in the event of involuntary job loss ie termination due to any reason, including but not limited to medical, personal, business challenges etc.
SalaryNext supports you as a caring Employer and a Great Place to Work, that invests in lifelong relationships with employees. Attract better talent, who are risk-averse, by assuring their future. Your existing employees can sleep in peace and stay focused on their jobs instead of constantly looking around for backup plans in the job market.
SalaryNext exists to help your employees get back on their feet in case of involuntary job loss due to termination. SalaryNext provides job hunt service to the employees on sudden job loss by sharing the employees’ profile instantly with multiple recruiters with access to unadvertised jobs, thus multiplying their own job search efforts. SalaryNext will also provide a monthly payout of up to 50% of the last drawn salary for a fixed period to the employees if they are still unemployed.
When you register, choose your options and make your one-time annual premium payment on SalaryNext. During lay-off or termination, SalaryNext will share your employees’ profile with elite recruiters who can reach out to them with multiple vacancies that they are working on. In case there is a delay in finding a job, then under the service guarantee payout, SalaryNext will pay your employees 25% to 75% of their monthly salary, for 1 to 12 months, as per the package selected by you.
Yes. We have both termination and resignation cover. As an employer, you can choose and customise the package for your employees. Enter your contact details in the provided box and our support team will get in touch with you within one working day to discuss your requirement.
All the employees will receive SalaryNext registration confirmation and agreement in their email. If they lose their job at any time, they will email us at the email id provided (support@salarynext.com) and share the required documents as requested, including identity proof, valid termination/ resignation acceptance, salary details, etc. Their service will commence immediately while the documents are being verified.
We recognise and trust that your employees will look for new opportunities in the market amongst their network and also through the internet. SalaryNext will multiply their job hunt efforts by sharing their profile with elite recruiters in the market with their permission. Thus, the recruiters can directly reach out to them for multiple vacancies they are working on, which may not be advertised on online job portals. This will help them generate many more job options and choose a new job faster.
All the employees will receive an email which also contains the contact details of our support team i.e., support@salarynext.com. They can drop in an email when required and our team will connect with them within on working day.
If your employees lose their job, email us at support@salarynext.com. Our support team will get in touch with them within one working day and help them through the process.
Employees will apply to job openings through their friends, network or through job portals. At the same time, our support team will ask them to email us their updated CV at the earliest. SalaryNext, with their permission, will share their CV with elite recruiters in the market who can then call them for multiple unadvertised vacancies that they are working on. Thus, we will help your employees maximise their chances of finding a new job quickly.
Once an employee is registered with SalaryNext through you and completes 90 days post enrolment, the service guarantee payout is applicable. That means their last working day on termination should be at least 3 months after their enrolment with SalaryNext. The Payout is applicable for confirmed permanent employees in India receiving salary slips and bank payment in INR (Indian Rupees). To be eligible, the employee, on the last working day should have completed 6 months of unbroken service with your company with no more than 90 days leave/ sabbatical in the last 6 months (45 days in last 3 months if the CTC is less than INR 6 lakhs per annum). Currently, temp staffing employees or contract professionals or employees working outside India or receiving salary in any other currency are not eligible.
As part of the service guarantee, the termination documents will be verified and a monthly payout will be made while the employee hasn’t found a job. The employee will provide a written confirmation to that effect every 30 days, after they have completed their last working day and notice period payout. On the 31st day, the payout will be transferred to their bank account and repeated for a fixed number of months as per the cover purchased.
The employees will email us their termination letter as per the service package, and confirm their job loss. Along with that their salary slip and appointment/ increment letter to confirm their salary. And finally, their PAN Card and/or other permitted documents to confirm their identity. Additional information may be required by the support team. In all cases, our goal is to complete verification within 3 weeks and an immediate submission of documents will make sure that the payout as applicable reaches the employees at the right time when they are in need of it.
The employees will receive payout for as many months as per the plan that you have selected during registration. This is only as long as they haven't found a new job.