Tata Steel to pay salaries to COVID-affected families; employees take to Twitter to laud firm for 'awesome gesture'

Tata Steel to pay salaries to COVID-affected families; employees take to Twitter to laud firm for 'awesome gesture'

FPJ Web DeskUpdated: Tuesday, May 25, 2021, 12:10 PM IST
article-image
Tata Steel |

Tata Steel announced it has extended social security schemes to the family members of those affected by COVID-19. The company said on Sunday (May 23) that if an employee dies of COVID, their family would receive their last-drawn salary till the time the employee would have turned 60 years of age.

In a statement, the company said, "Tata Steel's best-in-class social security schemes will ensure an honourable 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 along with medical benefits and housing facilities."

In addition to this, the statement said, the company will bear all the expenses of children's education till their graduation in India of all frontline employees-who as part of their job met with an unfortunate death due to COVID-19.

Employees took to Twitter to express their feelings on the latest announcement from the firm.

While lauding the company's decision, some spelt out the difference between a businessman and an industrialist.

Employees working for other Tata group firms wanted to know if this gesture would be extended to them as well:

Some mentioned Ratan Tata, chairman emeritus, Tata Group in their tweets seeking his help for this initiative to be extended to other companies in the group.

RECENT STORIES

Ecos (India) Mobility Submits Draft Paper To SEBI For IPO Fundraising

Ecos (India) Mobility Submits Draft Paper To SEBI For IPO Fundraising

How Data Is Enabling Innovation In Biomedical Devices For Healthier Lives

How Data Is Enabling Innovation In Biomedical Devices For Healthier Lives

Heralding Mediated Dispute Resolution Over Litigation: The Mediation Act, 2023, Future Of Indian...

Heralding Mediated Dispute Resolution Over Litigation: The Mediation Act, 2023, Future Of Indian...

Force Motors Shifts Gears: Exiting Tractors And Connected Activity Business At The End Of FY24

Force Motors Shifts Gears: Exiting Tractors And Connected Activity Business At The End Of FY24

'From Shop Floor To Success': Anand Mahindra Backs Elon Musk's Call For Recognition Of Manufacturing...

'From Shop Floor To Success': Anand Mahindra Backs Elon Musk's Call For Recognition Of Manufacturing...