These companies aid the family of their employees
If a deceased employee has completed three years of work, muthoot Finance, India's largest gold loan NBFC, has agreed to pay the spouse or mother the next 24 months' salary. Many of our staff, associates and their families have been affected by the second wave across india, according to sunil D'Souza, MD, tcs, of Tata Consumer Products. It hires about 5 lakh workers and is the country's largest employer of tech professionals.
Kotak mahindra bank announced last week that it lost 17 workers to Covid in the fiscal year 2021, and another 17 in the previous month. Family members will get a term cover equal to a year's gross income from K Raheja Corp, a leading commercial and residential property developer. According to TOI, HCL Technologies is providing Rs 30-lakh insurance to family members, as well as HCL workers deposit related insurance and a sum equal to the deceased professional's annual salary. Borosil, a glassware company, announced on LinkedIn that it would fund their children's education in india up to graduation.