Employee Care During COVID-19
The COVID-19 pandemic has had a disastrous impact on people and communities across the world. Schaeffler India stands strong with its employees in these difficult times.
COVID-19 has had a disastrous impact and has fundamentally changed our way of life and work. Uncertainty about the future has increased anxiety and is impacting employees’ health, financial and emotional well-being.
At Schaeffler India, our employees are our biggest strength. Protecting our employees’ health and well-being is crucial to us. In these trying times, we have endeavored to support and care for our employees in every way we can. To minimize the risk of losses we under our employee policy have introduced initiatives that protect our employees' health, financial and emotional wellbeing.
For many employees, their family’s financial wellness continues to be the top source of stress during these challenging times. To overcome this challenge, we are providing a lump sum amount equivalent to 10 years of base salary to family members of deceased employees
The second major source of stress for employees is the increasing cost for COVID related health treatment. To address this issue, Schaeffler India has provided a COVID-specific insurance cover to all its on-roll employees. The cover provides peace of mind to employees by adding an extra layer of protection for the COVID-19 related expenses.
The COVID-19 pandemic is not just a physical health issue—it is also a mental health issue and requires special attention. Working in isolation, managing work alongside caring responsibilities, and an overwhelming sense of uncertainty brings its own challenges from an overall wellness and mental health perspective. To combat the rising cases of mental stress we have set-up a 24*7 mental health helpline to make help accessible for all employees.
COVID-19 has underlined the need to provide enhanced support and resources to help employees manage the disruption caused by pandemic. As an employee first organization, we continue to drive our employee policy to promote health and safety of our employees and their families.