OYO Hotels & Homeswill cover vaccination costs for its all employees in India and their families. They will benefit from this as they can choose to get the vaccination done at any centre convenient to them and the costs would be reimbursed in full by OYO. Additionally, the company has also enhanced the insurance benefit of employees to include a COVID-19 home care cover.
Aiming to build a healthierand productive workforce, OYO has been revising and adding new employees’ policies year-on-year. The company was one of the first Indian start-ups to announce a 5-day work week. It is now offering its employees a host of benefits including free annual health checks, 24X7 doctor consultation, one-on-one counselling sessions and other services such as a COVID-19 test booking, online medicines ordering facilities and more.
OYO also launched an employee-centered initiative #RiseEqually to announce a change in its parental leave policy. The company has now increased paternity leave to 4 weeksfrom the earlier period of 2 weeks. New parents will also get an additional leave of 8 weeks of work-from-home and 8 additional weeks on half-pay. From April 2021, OYO employees in India will receive their salaries on the 25th of every month (or earlier) inorder to enable them to plan their monthly finances.