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Asset Building Scheme for Employees
Human Resources » Compensation & Benefits

Chrm Message From: abhijeet_rawat Total Posts: 27 Join Date: 06/12/2006
Rank: Executive Post Date: 23/07/2007 00:10:10 Points: 135 Location: United States

Dear All,

We would like to introduce an asset building Scheme for our employees. Under this scheme employees (Managers & Above) will be offered a laptop computer on 50% market cost and the computer will be written of in the employees name after two years of service

I request all of you for your inputs for this scheme. Like to know your comments on various aspect of this scheme like what is the depreciation rate for computers, what should be ideal terms and conditions and eligibility for offering this scheme. After how much time this computer can be written of in the name of employee etc.

Also request you if you have similar scheme kindly share with me.

Hope to hear from all of you soon.



Chrm Message From: malik.agarwal Total Posts: 32 Join Date: 06/12/2006  
Rank: Executive Post Date: 23/07/2007 00:11:54 Points: 160 Location: United States

Thats interesting.

1. If laptop is Job-need, it should come as part of the Job-Infrastructure. (Many employers have realised that giving Laptop to more and more employees makes sense than
providing desktop)

2. If its not a Job-need then are you planning to give it to all who are interested?

My employers provides Laptops to employees purely on job-need basis. Its a company assets and employee has to surrender it on separation.

Chrm Message From: ruchi@hr Total Posts: 41 Join Date: 06/12/2006  
Rank: Executive Post Date: 23/07/2007 00:13:01 Points: 205 Location: United States

Certain level of employees in our organisation are offered a similar package i.e. they can purchase any furnishing / appliance upto a certian amount in a year.

We, however, offer to re-purchase the asset from the emplyee on the w.d.v. after 3 years.


Chrm Message From: kpt_81818 Total Posts: 11 Join Date: 06/12/2006  
Rank: Executive Post Date: 12/01/2010 07:23:55 Points: 55 Location: United States
This is a good benifit programme, but two years is a very small period.  Instead of laptop, you could go ahead with performance incentives and recognition.  Just completing years of service and get the laptop is a easy task.  If you want, you club this this scheme with targeted performance which is worthwhile.  You can also give stock options to senior staff.   
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