Summary:
The announcement has earned the company much praise and appreciation on social media.
.
Tata Steel has announced social security schemes for the family members of employees affected by Covid-19.
The company announced on Sunday that under the scheme if an employee dies of Covid, their family would receive their last-drawn salary till the time the employee would have turned 60.
"Tata Steel`s best-in-class social security schemes will help ensure an honorable standard of living for their families, whereby the family will get the last drawn salary till 60 years of age of the deceased employee/nominee," the company said in a statement released on social media.
They will also be able to avail of medical benefits and housing facilities, the statement added.
#TataSteel has taken the path of #AgilityWithCare by extending social security schemes to the family members of the employees affected by #COVID19.
While we do our bit, we urge everyone to help others around them in any capacity possible to get through these tough times.
— Tata Steel (@TataSteelLtd) May 23, 2021
Thank you @RNTata2000 for inspiring the corporate world again.