What is the corresponding currency value of every Vantage Point?
Mrinmoy Rabha
Updated On 2023-08-25
Through our SOLI (Standard of Living Index) framework, we ensure equitable and fair adjustment of points against currency for employees all across the globe.
The SOLI framework goes beyond the currency conversion rates(which are quite volatile) and measures against the standard of living in that country.
As per the SOLI matrix, the conversion of currencies will be decided by the organization as per the standard of living in the particular countries. For eg., If an award value is $5(USD) then for the same award, the value will be Rs 100(INR). This conversion is based on the living standard of the country and makes sure for a certain amount of points, users in multiple countries can avail products and services of a similar range.
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