As the country is suffering from the deadly second wave of coronavirus, Tata steel has stepped up for the aid of its Covid affected employees and their families. Tata steel on Sunday has announced social security schemes for the family members of employees who lost their lives to Coronavirus.
As per the statement by the company, the family of the deceased employee will get the last drawn salary till 60 years of age along with medical benefits and housing facilities.
“Tata Steel’s best-in-class social security schemes will help ensure an honorable standard of living for their families,” the company said.
Along with the salary and medical benefits, the company will also bear the full cost of study in India till the graduation of the children of the employees.
“The company has always been a shield of steel, supporting its stakeholders at all times. This time is no different. Tata Steel family stands stoically with all its people, committed to their security and well-being,” the statement from the company read.
Tata Group companies are known for their policies regarding well being of their employees and doing everything possible to help the families of the deceased amid the covid pandemic. Tata Steel is the first company in India to implement 8 hours of work for its employees, the company’s profit bonus, social security, maternity leave, and employee provident fund. It was only after Tata company’s initiative that other companies adopted these criteria.