News: VMware announces wellbeing allowance of Rs 29,565

Employee Relations

VMware announces wellbeing allowance of Rs 29,565

According to VMware, the company recognizes the importance of a healthy work-life balance and the relief a break can provide for the overall wellbeing.
VMware announces wellbeing allowance of Rs 29,565

Software company VMware has announced that it will be enhancing its existing wellbeing benefits programme to equip the employees to live a more healthy and balanced life. Under the annual reimbursement programme, all the employees across offices in India will be eligible for an additional wellbeing allowance of Rs 29,565 as equitable reimbursement.

The employees can also choose to apply for the wellbeing amount to help pay to vaccinate themselves and their family members, according to a statement.

This initiative is the latest offering in VMware’s wellbeing programme portfolio. As the industry moved to a remote work model last year, VMware revisited some of its policies to ensure that teams had help and resources to cope with the rigours of the new normal. VMware APJ has a total employee strength of 10,900 people.

As the world embraced the new normal, VMware initiated a pandemic leave policy for its employees, a unique initiative where employees are entitled to five days of paid leave to take some time off during this unusual time.

The company also introduced EPIC2 days, declaring four company-wide holidays throughout the year to help the employees switch off and spend time with their families. Besides, it introduced a new coaching, therapy, and work life services (ICAS) programme that caters to the mental and emotional wellbeing of not just the employees but also their dependents. The employees and their families have access to a host of online resources – top therapists, coaches, research-backed therapy, and digital tools 24 hours a day and seven days a week.

According to VMware, the company recognizes the importance of a healthy work-life balance and the relief a break can provide for the overall wellbeing.

Ramkumar Narayanan, VP - Technology and MD, VMware India, said, “At VMware, we believe that true innovation is tied in with an environment where employees can bring in their best selves to work. Balance is key to employee happiness and enabling our employees to live healthy and balanced lives has always been an integral part of our work culture.”

“Given the disruption of last year, we understand that our employees might need some additional support and we have revamped our wellbeing benefits programme to do just that. Our people are our biggest strength. And we believe it is our responsibility to establish a work culture that is supportive and prioritizes employee health, both physical and mental,” he added.

 

Source: ETHR World

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Topics: Employee Relations, Corporate Wellness Programs

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