Top firms and new-age cos alike are putting staff well-being ahead of productivity issues amid Covid lockdown.
HR heads see it as a win-win solution helping employees save on commute time and cos to cut establishment cost, raising productivity. HR heads also say arrangements such as hot-desking will become more common, bringing down establishment costs.
Mental wellbeing experts at institutions such as Fortis Healthcare, Optum International, 1to1 Help.net, and CIMBS are being flooded with distress calls from entrepreneurs and CXOs of small, medium and large enterprises, officials said.
Starting this week, Dalmia Bharat Group is organising morning Bhagavad Gita discourses through a Zoom call, where its employees working from home can tune in before they get to their work online. “Once the lockdown stops after 21 days, this may just become a way of life (in the company),” said Menon.
From paying advance salary to honouring joining date for new joinees, cos going all out to reassure employees.
B-school managements are discussing the options available with host companies, said officials and human resource heads of companies. A delay in internships may have an adverse impact on student placements, they said, since most firms offer students full-time positions based on the internships (pre-placement offers or PPOs).
This fund will be used to provide sustenance support to deserving individuals and their families over the next few months, till the situation comes back to normalcy.
Expat hiring will get pushed out at least temporarily, including for OCI cardholders, experts say.
Usually, hiring of top executives such as chief executives, and operations and finance chiefs remains much less affected than others, because companies can't hold off hiring for critical roles. But now, the next few weeks will be the deciding factor and even crucial roles will get impacted if the situation escalates, experts fear.
Top cos are tweaking their policies to include special provisions to ensure isolation doesn’t hit take-home pay.
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