Branch International, personal finance app, has launched a one-of-a-kind Stipend programme, as part of the upskilling plan dedicated to its employees.
As a part of this initiative, Branch International will develop a programme that help its employees to upskill themselves and thus contribute to the individual growth of its employees.
For taking this forward, the company has formed a Professional Development Budget. BOLD Stipend is a part of this development budget, and employees can use the same to attend any job-related seminars, conferences, and training programs. In some instances, employees can even apply for reimbursement under the BOLD Stipend for certification programs or assistance in paying tuition fees.
Under this programme, every employee is eligible to get Rs.40000 per calendar year. The employee can use this fund to achieve their professional development goals. The immediate manager has complete discretion to approve any requests for professional development expenses for their subordinates.
“Branch International has always invested in and promoted lifelong learning. Bold Stipend is one of the many ways through which we are promoting a culture of growth in our company. Radical reskilling is the need of the hour now, and we are encouraging all our employees to use this opportunity and enhance their skills. The core objective behind introducing initiatives such as this is to create pathways to higher-paying, more resilient careers to build a more equitable future,” said Ms Sucheta Mahapatra, MD India, Branch Personal Finance App.
Founded in 2015, Branch International delivers financial services to the mobile generation. The company has offices in San Francisco, Lagos, Nairobi, Mumbai, and Bengaluru.