HCL Tech offers Rs 30-lakh insurance cover to employees for COVID-19
IT Major, HCL Technologies has announced to offer a Rs 30-lakh insurance cover and an additional Rs 7-lakh employee deposit insurance cover to employees for COVID-19.
In case of any employees’ unfortunate demise from Covid, the families will get the full value of this cover, and also an amount equal to the one-year salary of the employee.
According to the Time of India report, about 1,600 HCL Technologies employees are affected by COVID-19 to date and some employees also have lost their lives battling with COVID-19.
Announcing the support, Apparao V V, CHRO, HCL Technologies said, “We are also providing medical cover for three years to the affected families, children’s education cover for five years, and are providing training to their spouses wherever they are keen on joining us”
“It is in the process of creating a corpus to support affected employees. HCL has already created a ‘Power of One’ corpus, where every employee contributes Re 1 every day to assist those employees.” He said.
“We don’t want our employees to be in financial duress in any way to pay for their healthcare in these unprecedented times,” Apparao said.
The company has created isolation beds across campuses. It has enhanced helplines – 46 doctors and 31 nurses – for medical advice.
In the current financial year, the company is planning to hire 20,000 freshers from campuses as compared to 14,500 in the previous fiscal. Currently, the company has 1.6 lakh employees.
HCL Technologies is an Indian multinational information technology services and consulting company, headquartered in Noida, Uttar Pradesh, India. It is a subsidiary of HCL Enterprise.
