Country’s big businessman Ratan Tata has once again brought the example of humanity to the forefront. Tata Steel, the Rota Tata company, has announced social security plans for family members of employees who have died from COVID-19. Tata Steel has announced that it will continue to pay its dependents a full salary from the employee’s 60-year-old corona until the retirement of the employee. This salary is equal to the deceased employee’s last salary. The families of these employees will also be provided with educational, medical and residential facilities for children, the company said.
Also read: – The new rule relating to Hallmarking of Gold Jewelers will not be effective from June 1, the government has extended the deadline to this date.
Child education costs will be paid after the death of the frontline employee
In addition, if a frontline employee becomes infected and dies during work, the company will incur all costs of his or her education until his or her children graduate.
The family of deceased Tata Motors employees gets 50% salary
Similarly, let us tell you that another Tata Group company, Tata Motors, will continue to offer 50% of the basic salary as a monthly allowance to the dependents of their employees who have lost their lives from Kovid-19. Also, the company also offers a one-time payment to compensate the family.
Read also: Big shock for SBI customers! Withdrawals from ATMs and checkbooks are expensive, and you will be in trouble
The company is gaining accolades on social media
Since the announcement of Tata, the company has been gaining much appreciation and admiration in social media.
One Twitter user wrote, “Great respect for Tata Steel”. Another user wrote, “Thank you Ratan Tata for reviving the corporate world.”
