Tag: Chief Human Resources Officer

Business World

Jindal Stainless to bear COVID-19 vaccination cost for all employees and their family members

Mar 15, 2021 by Neel Achary 0 Comments #Chief Human Resources Officer, #Jindal Stainless, #Mr SK Jain

New Delhi: Jindal Stainless, India’s largest stainless steel manufacturer, today announced that the Company will bear the total cost of both the mandated COVID-19 vaccination shots for its entire workforce to ensure their safety and well-being. Under this initiative over 35,000 employees, contractual workers, retainers, and their immediate family members will be benefitted across the country.

Announcing this initiative, Chief Human Resources Officer, Jindal Stainless, Mr SK Jain said, “Health and safety of our employees and their families have been our utmost priority at Jindal Stainless. This initiative is to acknowledge the dedication of our employees despite the difficulties created by the pandemic. Throughout these testing times, we’ve been supporting our employees and their families through regular workshops and sessions on physical and mental wellness.”

At plant locations, Company will tie-up with hospitals to arrange vaccination camps for employees and their families. The 580-bedded Jindal Institute of Medical Sciences in Hisar, Haryana, which served as a major screening and isolation centre to check the spread of COVID-19, will now serve as one of the key centres for driving vaccination. At corporate and other locations, Company will reimburse the total cost of the vaccine shots for its employees and their families.

Business World, News

HCL Technologies marks $10B Revenue milestone, thanks Employees Worldwide with Special Bonus

Feb 8, 2021 by Rekha Nair 0 Comments #Apparao VV, #Chief Human Resources Officer, #HCL Technologies

New York, USA and Noida, India: HCL Technologies (HCL), a leading global technology company,  announced that in recognition of its recent milestone, crossing the $10B mark in Revenue for 2020, it is issuing a one-time special bonus to employees around the world. Achieving this historic milestone in technology, business and engineering services and software – just twenty years since HCL Technologies’ IPO – is a testament to the passionate efforts and consistent achievements of its employees, many long term, deep relationships with leading companies across all industries and a leading network of partners and stakeholders. In celebration and gratitude all employees with one year of service or greater will receive a bonus, the equivalent of ten days’ salary.

“Our employees are our most valuable asset. Despite an unrelenting pandemic, each and every member of our HCL family has demonstrated immense commitment and passion, contributing to the growth of the organization. The $10B revenue milestone is a testament of our remarkable resilience as an organization and the entrepreneurial spirit of our 159,000+ employees. With this gesture, we want to sincerely express our gratitude to our employees and their families for all their support,” said Apparao VV, Chief Human Resources Officer, HCL Technologies.

The special bonus will be paid to employees in February 2021, amounting to approximately $90M plus payroll taxes in some countries, the impact of which is excluded from the FY21 EBIT guidance provided by the company last month.