Amidst the growing economic pressure brought about by the pandemic, the employees of Future Generali India Insurance Company (FGII) have reason to celebrate. The Company has not only assured them that there will be no layoffs, it has gone ahead and promoted them, and also given them annual increments and variable payouts.
According to Anup Rau, MD & CEO, Future Generali India Insurance, being an employee-centric and ‘people-first company’, FGII ensured that each employee, including senior managers and housekeeping staff received their salaries, bonuses and increments on time.
The general insurance arm of the joint venture between retail giant Future Group and global insurer, Generali, has also initiated a relief fund of Rs 50,000 for the benefit of each of its business-active agents and their families, in case they are tested positive for COVID-19.
Hiring has not taken a back seat either. During the lockdown itself, the Company onboarded over 70 employees across its 125 branches, at various levels. It relied on various digital tools to engage the candidates, interview them, enroll them and successfully lead them through an induction process.
Not letting its focus waver from employee wellness and engagement during the lockdown period, FGII introduced a confidential counselling helpline for the staff. This was aimed at helping them handle the anxiety, stress or disturbance in work-life balance that resulted from the pandemic. Live yoga sessions were also organised to promote physical and mental health. Employees have been kept engaged via talent shows and virtual training sessions. These also help them connect and learn even while they work from home.