Weekly Pay Policy In India: In many countries, companies pay salaries to their employees every week. Now this facility has been started in the country as well. Indiamart starts its initiative in India.
New Delhi. In the era of epidemic, where on one hand companies are paying late salaries to their employees, on the other hand there is a company which is going to pay salaries to the employees every week. This will not only reduce the financial burden of the employees but will also encourage them to do better work. The special thing is that they will not have to wait for a month for the salary.
Actually, in many countries companies pay salaries to their employees every week. Now this facility has been started in the country as well. IndiaMART has started its initiative in India. The company has decided to pay salaries to its employees every week.
It is prevalent in these countries
Indiamart is the first company to pay weekly wages in the country. He says that in view of the changing times and increasing financial burden, its need is being felt. Its importance has increased in the epidemic. Such is the practice in many countries like New Zealand, Australia, Hong Kong and America. This decision has been taken in view of the changed circumstances of the global economy, the benefits of the employees.
Preparation started many years ago
Dinesh Gulati, COO, Indiamart said that everyone in the company would welcome the decision. The company started working in this direction many years back. Incentives are given to many people here every week. Indiamart was the first company to fully implement work from home after the outbreak of the pandemic.
Easy to meet financial needs
The company says that with the employees getting their salaries every week, it will be easier for them to meet their financial needs. They will not have to wait for a month for the salary. Gulati says that for the first time in the country any company is going to start such a system. In a rapidly changing work culture, everyone wants instant benefits.