10 Pearls, Rewards, compensation and benefits, Core Values, Innovation, Quality, Transparency, Customer Success, Changes after post- covid, Challenges faced by 10 Pearls, Challenges to be expected in the reward system.

1. Compensation
& Benefits.

2. About of the
compnay
Rewards,
Compensation
and benefits
01 02
03 04
Table of contents
Challenges Changes made
in rewards

3. About our organization
• 10Pearls is a global technology company that specializes in digital
transformation and software development services.
• They were founded in 2004 and are headquartered in the United
States with offices in Canada, Mexico, UAE, and Pakistan.
• The company has a team of over 1,500 professionals, including
software engineers, UX/UI designers, data scientists, and digital
transformation consultants.
• 10Pearls has also developed their own suite of software products,
including digital wallets, chatbots, and mobile applications. Their
products have been used by millions of users worldwide

4. Core values of 10pearls
Innovation
Transprency
Quality
Customer
success

5. —Compensation & Benefits
Philosophy
10Pearls compensation and
benefits philosophy reflects the
company's commitment to
creating a culture of
performance and accountability
while nurturing a supportive and
inclusive work environment that
values its employees' well-being
and professional growth

6. Monetary Benefits
Provident fund – Monthly:
Employee contribution = 5% of basic
Salary:
Equal Amount paid by employer
Increment- Bi-annual
Employees with a minimum 6 months
of confirmed services
Bonus- Annual:
Performance based bonus on gross
salary
OPD Allowance- Annual
Based on marital status and is applicable on
pro-rata basis
Single: PKR 50K
Married: PKR 70K
With Kids: PKR 100K
Leaves- Annual
15 Annual +5 sick/casual leaves
Additional Leaves (Hajj, Marriage,
Paternity, Maternity)
Internet Allowance- Monthly
Allowance per month or internet
device

7. Non-monetary benefits
• 10Pearls Dream Wheels
• Workation
• Hybrid Model of Work
• Relocation for Global Exposure
• Medical Insurance
• Maternity
• E-Health Clinics Access – Sehat Kahani
• Sponsored Master’s to Support Advance Education

8. Non-monetary benefits
• Certifications
• Lunch Facility
• Health & Leisure
• Company Events
• Trainings
• Performance Based Rewards
• Referral Incentive
• Mobile phone and Monthly Billing Allowance

9. Other policies
Probationary period is as follows
0 – 1 year of experience = 6 months
> 1 years of experience = 3 months
Notice Period
Within Probation = 15 calendar days
After confirmation = 2 months Contractual employees = 1
month

10. Changes after post
covid
• 1) The global economy's inflation is
impacting the market of Pakistan,
which has caused a drop in businesses
in terms of clients. Our company is
currently stable, but if inflation
continues for a longer period of time,
the company may need to cut some
benefits such as Eid parties and gifts.
However, monetary and non-
monetary benefits as well as salaries
will remain the same.

11. Changes after post-covid
The company's stability is evident as
there have been no layoffs, and all
benefits and policies are being carried
out despite the elimination of a few
activities
(3) Before COVID, the company's
growth was at a good pace.
Undoubtedly, during COVID, it has
accelerated to new heights. The
reason being an IT company, the
majority of work can be done on
laptops and smart tablets, making
shifting to online mode an easy
transition for them. This has given
them a firm base for post-COVID
situations.

12. ● Challenges faced by the company during
times of COVID:(1) COVID undoubtedly
was a blessing in disguise for Temples as
being an IT based company shifting to
online mode wasn't a problem for them
which not only provided more
international (& domestic) clients and
projects to them but also enabled them to
showcase a trimendous growth and profit.
Challenges faced by 10pearls

13. Changes to be expected or making in their reward system
• The overall condition of the company during
these times is quite stable because long-term
projects cater to the main part of the
employee's salary, and the company's profit
margin is also satisfactory. However, due to
global economic inflation, few changes have
taken place such as the discontinuation of
lunches, trips, gifts, and minimal rewards.
Despite this, the main benefits are still being
provided to the employees. For instance, they
have started a car policy instead of an equity
policy, so that employees can take advantage of
it at the present time instead of waiting for
three years for the equity policy to mature. This
was a smart change in strategy.
• Additionally, IPD/OPD benefits are also being
provided.

14. THANK YOU