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    Laptop Buyback Option - Gaana

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    asdsds
    This document outlines Gamma Gaana Ltd's policy for employees to purchase their assigned IT laptops when exiting the company. It provides details on the eligibility criteria based on laptop age, process for purchase, roles of IT, HR and Finance departments, and exceptions. Eligible employees can purchase their laptop for 5% of acquisition value if 4+ years old, Re. 1 if 5+ years old for Windows, and 5% acquisition value if 5+ years old for Mac. The process involves an employee request, consent form, handover to IT, invoice generation, and amount deduction from payroll.

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    Laptop Buyback Option - Gaana

    Uploaded by

    asdsds
    65 views2 pages
    This document outlines Gamma Gaana Ltd's policy for employees to purchase their assigned IT laptops when exiting the company. It provides details on the eligibility criteria based on laptop age, process for purchase, roles of IT, HR and Finance departments, and exceptions. Eligible employees can purchase their laptop for 5% of acquisition value if 4+ years old, Re. 1 if 5+ years old for Windows, and 5% acquisition value if 5+ years old for Mac. The process involves an employee request, consent form, handover to IT, invoice generation, and amount deduction from payroll.

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    Laptop Buyback Option_Gaana

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    This document outlines Gamma Gaana Ltd's policy for employees to purchase their assigned IT laptops when exiting the company. It provides details on the eligibility criteria based on laptop age, process for purchase, roles of IT, HR and Finance departments, and exceptions. Eligible employees can purchase their laptop for 5% of acquisition value if 4+ years old, Re. 1 if 5+ years old for Windows, and 5% acquisition value if 5+ years old for Mac. The process involves an employee request, consent form, handover to IT, invoice generation, and amount deduction from payroll.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    65 views2 pages

    Laptop Buyback Option - Gaana

    Uploaded by

    asdsds
    This document outlines Gamma Gaana Ltd's policy for employees to purchase their assigned IT laptops when exiting the company. It provides details on the eligibility criteria based on laptop age, process for purchase, roles of IT, HR and Finance departments, and exceptions. Eligible employees can purchase their laptop for 5% of acquisition value if 4+ years old, Re. 1 if 5+ years old for Windows, and 5% acquisition value if 5+ years old for Mac. The process involves an employee request, consent form, handover to IT, invoice generation, and amount deduction from payroll.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    Document Name IT Asset Procurement Option for Employees

    Release Date 01-Oct-2021

    Version 1.0

    Prepared By Human Resource

    Objective
    The purpose of this policy is to lay down the guidelines and procedures that will govern the option of
    procurement of IT laptops by the employees who are on exit mode.

    Scope
    This policy will be applicable to all full time On-rolls employees of Gamma Gaana Ltd.

    Pre-Requisites

    ● Laptops procured by Gaana.


    ● Allocated Laptop must be in use for more than 1 year by the respective employee.
    ● The employee should be allocated only One Laptop.
    ● Age of laptop equal to or more than 4/5 years can be purchased by respective employees for
    their personal use as per below table under Eligibility Criteria Table.

    Eligibility Criteria

    Employees at exit mode will have the option to purchase IT Asset(s) which are assigned to them, based
    on age of the asset as per the table below.

    Eligibility Criteria Table


    Laptop Age Windows Mac
    4+ Years 5% of the acquisition value Not Applicable
    5+ Years Re 1 5% of the acquisition value
    6+ Years Re 1 Re 1

    Note: Prevailing GST charges will be applicable.

    Process

    ● Employees will have the option to purchase the allocated laptop if it meets the eligibility criteria
    mentioned in the above table.
    ● Employee to raise a request on “Toby” to initiate the purchase request & provide the consent on
    a Google form to deduct the amount from the subsequent month payroll.
    ● Employee to handover the machine to IT.
    ● IT will share the employee details, consent form and amount to be deducted from salary over an
    email to HR & Finance.
    ● Finance to generate the Sales Invoice in the name of the employee with intimation to HR and IT.
    ● IT to handover the old laptop for personal use to the employee after formatting the system and
    removing all IT software and applications.
    ● Finance to remove the asset from Fixed Register (FAR) basis the Sales invoice.
    ● TAT for the request closure is 01 month from LWD to complete the above formalities.
    ● IT is not responsible for any hardware or software support.

    Indicative cases where this would not apply

    1. Active Employees

    *Any case not explicitly stated shall be governed by exceptional approval

    Exceptional Approval (s)


    CEO (GGL) + Head HR (GGL)

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