Bajaj Auto today announced further support for its employees as the 2nd wave of the Covid pandemic spreads across the country. The latest policy announcement is in addition to several initiatives already undertaken by the company over the past one year. Covid has shown that mental well-being of employees is as important as physical, and they need to be cared for in a wholesome manner.
Commenting on the various initiatives, Rajiv Bajaj, Managing Director, Bajaj Auto said “When asked how should we treat others, Ramana Maharshi replied, ‘There are no others’. It is with this sense of oneness that we shall do our utmost for any extended families of Bajaj Auto who might be devastated by the loss of their loved ones who went beyond the call of duty in the face of this pandemic.â€
Monetary Assistance for employees and their families:
Under the new policy, in the unfortunate event of an employee’s death due to Covid, his / her family will receive monetary support up to a period of two years after their demise. The company will also assist in dependant children’s education till graduation in any field of their choice. In addition to this, there will be a 5-year hospitalisation insurance for all family members of the deceased employee.
Covid Care support for employees and community at large:
Bajaj Group’s commitment to the war against Covid was signalled by its pledge of a total of Rs 300 Crore towards various government, local administration and NGO initiatives, including the procurement and of 12 oxygen plants and several other respiratory support equipment since the onset of the pandemic last year.
Apart from financial contributions, Bajaj Auto had already started facilities for tests and treatment at its multiple Covid care facilities, all equipped with professional medical care and 24X7 monitoring. It has also extended the support of its engineers who have worked closely with government authorities to audit the oxygen systems at more than 70 hospitals across districts in Maharashtra to prevent wastage of this precious resource.
