REWARD RECOGNITION POLICY

Aim: We at LAKSHYA ENTERPRISES INDIA believe that our people are our greatest assets and strategic partners in our journey to achieve organizational objective. In furtherance of our stated philosophy, our Rewards and Recognition Policy (R&R Policy) will help recognize superior performance at work in various spheres.

Objective: To motivate and foster a productive work culture to achieve organizational objectives and encourage employees to excel, take initiative, be creative and realize their latent potential individually and as part of a team in contributing to the organization.

Category of Awards: The awards and categories have been divided into following categories:

1. Individual Level Awards

2. Team Level Award

Mechanism: Individual or team is selected by a CFT comprising Section Heads (Production, HR & Maintenance).  Recommendations prepared are handed over to Head HR for approval. Distribution of benefits / reward are provided by Director or his representative