Thursday, January 20, 2022

ਵਾਹਿਗੁਰੂ

spot_img








Paytm temporarily adjusts employee leaves for smoother ops

- Advertisement -

New Delhi, May 16, 2020-

Digital payments major Paytm on Saturday said it has requested all its employees to contribute some of their leaves to ensure that its operations run smoothly as the government eases restrictions through parts of the country under lockdown 4.0.

Under the new rules, employees will be able to contribute their Privilege Leave (PL) accumulated up to 35 days and all currently accumulated Casual Leave (CL).

Paytm said this move will not only have a positive impact on the balance-sheet but will also help the company ensure that it continues with its growth drive.

“Ensuring that our employees are safeguarded from the current global crisis is of utmost importance to us,” Rohit Thakur, Chief Human Resources Officer, Paytm said in a statement.

“We believe that this is the right step to effectively accommodate the short term impact and the long term interests of our company and all employees,” Thakur said.

This decision, Paytm said, was taken after due discussions and it was agreed that in the post-COVID world it would be important to have all hands on deck so that the company can go on supporting citizens who will rely even more on the digital economy and payments.

This is a temporary measure as employees would be again entitled to collect PL and CL going forward, Paytm added.

The company believes that this move will help the company keep its costs under check without adversely affecting employee morale.

Amid widespread layoffs across industries due to the COVID-19 induced economic downturn, these cost-saving measures are designed to ensure that Paytm’s workforce is cushioned from the current crisis, the company said.  (Agency)


For YesPunjab updates on TELEGRAM, download TELEGRAM and CLICK HERE TO SUBSCRIBE


- Advertisement -

Yes Punjab - TOP STORIES

Punjab News

Sikh News

Transfers, Postings, Promotions

- Advertisement -spot_img

Stay Connected

20,323FansLike
113,521FollowersFollow

ENTERTAINMENT

National

GLOBAL

OPINION

5 ways to manage childhood allergies – By Dr Nidhi Gupta

Motherhood comes with its own mixed bag of emotions; we want to save our child from every little peril that comes their way, including...

Putin’s political chess – By Asad Mirza

Russia has demanded for a new security arrangement in Europe, and threatened war if the US and its NATO allies fail to comply. Western...

Principles that define success – by DC Pathak

Many among the most successful businessmen of our times have written about their experience of what they passed through in reaching to the top...

SPORTS

Health & Fitness

5 ways to manage childhood allergies – By Dr Nidhi Gupta

Motherhood comes with its own mixed bag of emotions; we want to save our child from every little peril that comes their way, including allergies. The most common allergen in India are milk, egg and peanuts. According to the IAP survey, 11.4 per cent children under the age of 14 years suffer from some form of allergies and they usually...

Gadgets & Tech