Chairman Pawan Munjal has made the commitment to ensure that the company employees and their jobs remain protected amidst the unprecedented situation and its financial implications.
Pawan Munjal, Chairman, Hero MotoCorp
New Delhi: World’s largest two-wheeler manufacturer, Hero MotoCorp today announced advanced monthly payments to the contract workers on March 23, 2020, a week ahead of the usual month-end deadline. |
According to the automaker, Chairman Pawan Munjal has made the commitment to ensure that the company employees and their jobs remain protected amidst the unprecedented situation and its financial implications.
"Since the situation is very rapidly evolving, we will keep reviewing the available options and take measures as deemed appropriate at specific times, keeping in mind the overall welfare of our employees," the company statement added.
The two-wheeler manufacturer on Sunday halted operations at all its global manufacturing facilities - including in India, Columbia and Bangladesh with immediate effect until March 31, 2020, including the Global Parts Centre (GPC) in Neemrana.
A task force team has been set up under Pawan Munjal for constantly monitoring the developments through regular video conferencing and tele-meetings to ensure that safety and business continuity plans are up-to-date and effective, Hero MotoCorp informed.
Tatas started it, Munjals followed the suit, hope this encourages other conglomerates to do the same. Source