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Bajaj Auto to take care of families of employees who succumb to COVID-19

The company noted that this support will be applicable to all permanent employees retrospectively from 1 April, 2020.

The pandemic has been a difficult time for the entire world and even more so for people who have lost loved ones to the deadly virus. In such a situation, some companies have gone the extra mile to support employees as well as their families. Case in point: Bajaj Auto; the three- and two-wheeler manufacturer has announced that it will continue to pay salary for two years to the families of employees who succumb to COVID-19. The company’s endeavour to support the bereaved families don’t end there -- it will also fund the education of the children of the deceased employees. Bajaj Auto recently announced the decision on LinkedIn, adding that the medical insurance provided by the company will also be extended by five years for the deceaseds’ dependents.

The automotive behemoth will offer this insurance extension in addition to the other life insurance benefits it offers.

In the Linkedin post announcing the decision, Bajaj Auto, said, "Payment of monthly salary of up to Rs 2 lakh per month for 24 months, education assistance for a maximum of two children of Rs 1 lakh per child per annum up to 12th standard and Rs 5 lakh per annum per child for graduation will be offered under the assistance policy." It added, "As an employee-centric organisation, we will continue to provide constant support to all our employees through various measures and initiatives including but not limited to Covid care facilities, proactive testing, hospitalisation assistance, vaccination camps."

Bajaj Auto, however, isn’t the first company in India to announce such a decision. Earlier this month Borosil, the glassware and kitchenware company, too announced a similar decision, saying families of employees who succumb to coronavirus will receive the salary for two years. Borosil too plans to fund the education of the children of the deceased employees till graduation.