Coronavirus: Companies temporarily halt work for employees
New Delhi : Some of the major companies in India are suspending their work by few days to offer unusual assistance to their employees during a devastating second wave, which has extremely impacted the nation.
According to a report by Mint, Feng Tay will suspend its Indian factories for 10 working days to keep its employees safe, the Nike-supplier told the Taiwan stock exchange Wednesday.
Companies like Honda Motor Co. and Suzuki Motor Corp. have also announced a similar decision to ensure safety of their employees.
Developer Godrej Properties Ltd. extended a long weekend by three days to offer its employees time “to heal." The Lodha Group -- one of India’s biggest property companies -- will pay 12 months salary to the family of any of its associates who dies of Covid while in the service of the firm. Borosil Ltd. will pay two years worth of pay and support the education of the deceased’s children until they graduate.
Earlier, the companies had opposed the idea of lockdown in the nation as it leaves a devastating impact financially both to the people and the companies. However, it changed with the increasing number of coronavirus cases in the nation.
Meanwhile other companies like Reliance Industries Ltd. are diverting oxygen from industrial to medical purposes.