M&M to cover covid vaccination cost of dealership employees, dealers applaud
14 May,2021 (PTI) Mahindra & Mahindra is extending Covid relief measures to its dealers’ employees. In a communiqué to its channel partners on Friday, Auto maker said it will be bearing the cost of inoculating permanent staff at its dealerships. Mahindra joins firms including Tata Motors, Ford India, among others that are extending support to the channel partners by offering monetary support and insurance to their employees.
It has also offered to pay a lump-sum of Rs250,000 to the family of the deceased should there be an untoward event due to the pandemic. An equal amount will also be paid by the dealer to the family. This will be applicable from February 1, 2021 to August 31, 2021.
In order to encourage vaccination of each and every employee, the organization will reimburse the vaccination expenses of all dealer manpower subject to a maximum of Rs1500 per person, for both the doses. This will be applicable till 31st March 2022.
Mahindra will also provide one year of medical Insurance of Rs 1,00,000 for Covid-19 treatment for the dealer employees. This would include home quarantine assistance up to Rs 10,000. This will be a one-time expense for the next one year.
Reacting to the step taken up by the company, Mahindra Group Chairman Anand Mahindra tweeted, "We have to walk the talk if we say that our dealer partners are part of our family..."
“Mahindra Auto walks the talk!! Offers to cover cost of vaccination and hospitalization of employees of channel partners!! That is so thoughtful!! Thank you so much!!” Nikunj Sanghi, MD, JS Fourwheel Motors, a Mahindra dealer, wrote on micro blogging site Twitter.
Other auto firms too have been doing their bit support the dealerships. Tata Motors for instance in a circular issued to its channel partners earlier this month, said that through Tata Motors Insurance Broking, it would explore possibility of issuance of an insurance policy “Corona Kavach Policy” for customer advisors, team leads and workshop employees at the dealership.
The policy that is being proposed would be helpful for these employees and in case of hospitalisation, this will be able to take care of the medical expenses. It also has provisions for reimbursement in case of home quarantine etc. The premium for this would be borne by Tata Motors. The maximum coverage being looked at is Rs 100,000 lakh, it said.
Ford has also got health insurance with support of up to Rs 50,000 cover for all the permanent staff of the dealership, the additional cover cost is to be borne by the dealership, the company said in a communication to the channel partners.