Google pays Death Benefits to employees’ families for ages regardless of how was employee died
Amidst the second wave of Coronavirus in India, Corporates have announced financial support to the families of employees who succumbed to COVID-19. This financial aid is in addition to Group Term Insurance.
But, do you know that Google always takes care of their people and pays Death Benefits to employees’ families for ages regardless of how was employee died?
Google Death Benefits
- Google pays 50% of the deceased employee’s salary for 10 years.
- Children of the deceased employee receive $1,000 per month until age 19, or age 23 for full-time students.
These perks aren’t just for longtime employees. There’s no tenure requirement for the death benefits. The death benefits revelation adds to the already legendary list of Google perks: free food, foosball tables, on-site dry-cleaning service, generous parental leave, and more.
India Inc. extends financial support to COVID affected
It’s the pandemic effect, recently many companies in India like Tata Group, Reliance Industries, Bajaj Auto, many more are taking be committed to the employees who’ve lost their lives and pay their families the salary that they were earning, which is a great start indeed…
Tata Motors will pay 50 percent of the basic salary every month to the families of employees till the age of retirement, whether they were passing away due to COVID-19 or any other cause. The company will also pay One-Time Payout as immediate relief and Children education.
Reliance Industries has also announced COVID-19 bereavement support to the families of employees who lost their lives due to the COVID-19. The company will pay the last-drawn salary to the deceased employee’s family for the next 05 years. It will bear all expenses of Children’s education to graduation and medical insurance to families.
Bajaj Auto will pay monthly salary up to Rs. 2 Lakhs p.m. for 24 months to the families of employees who died of COVID-19, Education assistance — Rs. 1 Lakh per child p.a. up to 12th std. & Rs. 5 Lakhs p.a. per child for graduation (Max. 2 children) and extension of medical insurance for 60 months for the dependents.
The financial assistance to people hit by the Covid-19 crisis is a welcoming move but shouldn’t it be part of permanent welfare policy and regardless of cause, how an employee has died in the service period?
Please do share your opinion.
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