Considering work-related stress, India Inc has increased its budgets for employee wellness. Since the pandemic hit, mental health has become a major concern for the industry. Even though covid cases are now declining, people are finding it difficult to navigate through the stress of new modes of work and long working hours. As the pandemic is winding down, people are now going back to work from their offices on certain days of the week.Read also – COVID and flu co-infection cases see a spike: what are the symptoms and how to tell them apart?
According to data shared with the Economic Times by HR solutions company Aon, more than 70% of companies have introduced or increased financial assistance in the form of mental wellness and stress management programs, insurance, paid time off and relocation. of homes. attendance. Read also – Air Pollution Likely to Increase COVID Severity, Even Among the Vaccinated: Study
Companies such as RPG Group, IBM India, ICICI Lombard, Microsoft, PwC India, Colgate-Palmolive (India), L’oreal India, PayU and Fi Money have stepped up their focus on employee well-being. Read also – Canada removes vaccination mandate for travelers | Check the new Covid guidelines here
Steps taken by India Inc towards employee well-being
- Free access to advice.
- Mental Health Webinars
- Meditation and pranayama facilities
- Flexible license policies
- Extension of insurance coverage
- Housing Relocation Assistance
- paid time off
Companies are providing childcare and child care through in-house facilities, outside agreements, or reimbursement. As the workforce slowly returns to the office, companies are also providing relocation assistance to employees. Some 46% of companies in the Aon survey shared by the Economic Times increased insurance coverage for employees and dependents.
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