After-sales services company Onsitego has announced the 'Onsitego Cares Fund' initiative for financial assistance to employees and service partners facing distress during the time of lockdown due to the COVID-19 pandemic.
Any employee or service center staff affected by the COVID-19 pandemic in need of funds, can make use of the 'No Questions Asked' Onsitego Cares Fund.
The company is extending interest-free funds of up to Rs. 12 lacs to select service partners that can be repaid anytime. Service center staff can write to the email ID provided to them mentioning the name and reason why they would like to use the fund. Onsitego will then process the payment within 24 hours without asking any questions.
For employees, it is providing a total grant of Rs. 10 lacs. Employees earning under Rs. 40,000 are entitled to an amount of up to 7 days of pay. Onsitego highlights that this is not an advance against salary and that employees who use this fund will not have to repay later.
“We are happy to support our teams and partners in any way we can during this turbulent time. We have created a fund which would be of help to thosewho have been affected, directly or indirectly by the COVID 19 and need financial support. Our people havealways been our greatest strength and support,and I think it is important that we stand by them today when they are in need”, said Kunal Mahipal, CEO of Onsitego.
The Onsitego Cares Fund will be available to employees and service partners across the country till the lockdown is discontinued by the central government.
Has COVID-19 forever changed the way we live and work?
Trending
-
Google Extends Work From Home; Mulls Over 'Flexible Work Week'
-
Ola to Set up First Factory in Tamil Nadu; Create 10,000 jobs
-
Aon to Invest $30 Million and Create 10,000 Apprenticeships by 2030
-
Urban Company Announces Unlimited Mental Health Leave Policy
-
G Suite Rebranded As Google Workspace
-
Tech Mahindra Launches ‘Gift a Career’ Initiative for Upskilling of Youth
-
NASSCOM, Deakin Varsity Offer Courses for IT-BPM Industry Workforce
-
40% Women Prefer Flexible Working Options in Post-COVID World: Survey
-
Ecom Express to Hire 30000 Employees This Festive Season
-
DB Schenker Names Katharina Rath as New CHRO
-
No Layoffs, Salary Cuts to Be Reviewed in January: Vistara CEO
-
Hiring in India climbs up 35% from April-June
-
OYO announces employee wellbeing and work-life-balance initiatives
-
TCS launches return-to-work solution
-
3 out of 4 companies believe they can effectively hire employees virtually: Report
-
Wipro collaborates with Intel to launch digital workspace solution
-
Capgemini to reskill 50,000 employees in India
-
Cognizant ropes in Jan Siegmund as CFO
-
Niyo announces salary hikes, bonuses, ESOPs
-
Vodafone , CGI and NASSCOM Foundation launch digital skills platform
-
Odisha: Bank, postal employees to deliver cash for elderly, differently-abled persons
-
Skill India launches AI-based digital platform for "Skilled Workforce"
-
Hiring activity declines 6.73% in first quarter: Survey
-
NetCom Learning appoints Subir Sinha as Director-HR
-
70% startups impacted by COVID-19 pandemic
-
Omega Healthcare ropes in "Kannan Sugantharaman" as CFO
-
Bajaj Allianz Life ropes in Santanu Banerjee as CHRO
-
Over 70 Percent MSMEs look at cutting jobs to sustain businesses
-
Snapdeal onboards counselling experts to help employees
-
93 Per Cent employees stressed about returning to office post-lockdown
-
Johnson & Johnson India announces family benefits for same gender partners
-
Indian firms turning friendly towards working mothers
-
Welspun India names Rajendra Mehta as new CHRO
-
COVID-19 impact: 61 Per cent Indians suffering from mental health issues during lockdown
-
93 Percent employees stressed about returning to office post-lockdown
-
Wipro partners with NASSCOM to launch Future Skills platform
Human Capital is niche media organisation for HR and Corporate. Our aim is to create an outstanding user experience for all our clients, readers, employers and employees through inspiring, industry-leading content pieces in the form of case studies, analysis, expert reports, authored articles and blogs. We cover topics such as talent acquisition, learning and development, diversity and inclusion, leadership, compensation, recruitment and many more.
Subscribe Now
Comment