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Covid care: Companies roll out wellbeing allowances

BENGALURU: Companies are rolling out wellbeing allowances for their employees to deal with expenses related to Covid. Some are also supporting them with extended workfrom-home benefits and creating dashboards for verified Covid-related information.
Salesforce India is giving Rs 15,000 as a one-time payout to go towards any Covid-related expenses, sources told TOI. Salesforce is offering $250 for office tools and equipment, in addition to the $250 provided last year. To support working parents, it has expanded its family care leave, making them eligible for six weeks of paid time off. VMware, which has nearly 11,000 employees in India, has rolled out a wellbeing allowance of Rs 29,565.
Bajaj Allianz Life Insurance said in case of home quarantine for its employees, the cost incurred can be reimbursed on actuals up to Rs 20,000 per employee through their existing mediclaim policy. In case of a need for hospitalisation, the company will help with faster admission and claim assistance.
Rating agency Crisil said employees can avail 50% of annual advance bonus payment in the May salary, and also take emergency salary advance of up to 6 months of fixed-pay portion (interest free) towards medical and allied expenses. The company will also reimburse Covid treatment expenses not covered by medical insurance.
Rajeev Bhardwaj, CHRO of Asia service centres in Sun Life, said they are giving a one-time wellness payout of Rs 10,000 to all employees.
Target India is offering additional paid sick leave, time off and family care resources.
IBM in India is providing additional insurance coverage for each insured employee and their covered dependents (spouse & children) for up to Rs 5 lakh per member covered. Accenture introduced a plasma donor repository developed by its staff which matches its people who are eligible and willing to donate convalescent plasma with their colleagues.

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