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Covid impact: Kotak Mahindra Group to pay full salary of deceased employees for two years

India city Mumbai covid-19 2020 pandemic
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Mumbai: Kotak Mahindra Group on Friday announced the introduction of pandemic benevolent policy for 73,000 employees.Under this policy, family members/nominee of deceased employees from 1st April, 2020 and subsequent cases up to 31st March, 2022 will receive full monthly fixed salary Cost to Company for two years beginning June 2021."The policy is applicable to families/nominee of all deceased employees, irrespective of the cause of death-whether pertaining to covid-19 or any other cause not related to the covid-19 pandemic" it said."Family members/nominee of deceased employees eligible for annual bonus will also receive the annual year-end bonus for FY 2020-21.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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