Comments on: Tata Steel’s Exemplary Social Security Schemes https://vivekvsp.com/2024/08/tata-steels-social-security-schemes/ The Events in Human Resources and Employee Relations space, and in My World through my eyes. Sat, 07 Sep 2024 16:34:44 +0000 hourly 1 By: Himanshu Bhatt https://vivekvsp.com/2024/08/tata-steels-social-security-schemes/#comment-41714 Wed, 07 Aug 2024 06:39:21 +0000 https://vivekvsp.com/?p=8737#comment-41714 Simply great. Tatas are setting an example,in this area also.
Thanks a lot Sir, for your kind sharing. This is your one more act of appealing the heart of those who may have the heart.
There is a lot to learn from the Tatas. Kovid time has proved that a very few from the India Inc.have picked up right things from Tatas. The able and the mighty also did not measure up to the level of Tatas. Many mega corporation had fallen from grace on this count. न वो बेचारे थे, न वो मजबूर.
May we carry this wisdom to some action level, at least some.

]]> By: GV Joshi https://vivekvsp.com/2024/08/tata-steels-social-security-schemes/#comment-41696 Tue, 06 Aug 2024 05:15:28 +0000 https://vivekvsp.com/?p=8737#comment-41696 We had a contributory superannuation scheme which provided option in case of death or disablement of an employee a) employment to spouse or child or b) last drawn salary to nominee till the notional date of retirement of an employee.Thanks for sharing the example of Tata steel which can be emulated by other good and profitable companies.

]]> By: Suchita Krishnaprasad https://vivekvsp.com/2024/08/tata-steels-social-security-schemes/#comment-41694 Tue, 06 Aug 2024 03:12:49 +0000 https://vivekvsp.com/?p=8737#comment-41694 Amazing.. wonder if it’s possible to create a rights index at an organisation level.

Could you also interact with the beneficiaries, Sir?

]]> By: Venkata Subramanyan https://vivekvsp.com/2024/08/tata-steels-social-security-schemes/#comment-41693 Tue, 06 Aug 2024 03:03:02 +0000 https://vivekvsp.com/?p=8737#comment-41693 This is very generous of Tata Steel. However, the main question is of sustainability. Maybe, this company is profitable enough to absorb this cost. But most companies will, likely, struggle to afford such generosity. One possibility is whether a company can have access to an insurance cover that fixes the company’s cost for having such a scheme, so all organisations can evaluate if they can afford the cost or not.

]]> By: Vineet Kaul https://vivekvsp.com/2024/08/tata-steels-social-security-schemes/#comment-41692 Tue, 06 Aug 2024 02:59:53 +0000 https://vivekvsp.com/?p=8737#comment-41692 ]]> Thanks Vivek for sharing . Tata Steel has all along been a trend setter in Employee welfare ( even amongst Tata group companies )
As shared in your earlier blog, many welfare/safety laws came much later .
There is a lot to learn from their experiences 🙏

]]> By: Vikas Shirodkar https://vivekvsp.com/2024/08/tata-steels-social-security-schemes/#comment-41691 Tue, 06 Aug 2024 01:18:03 +0000 https://vivekvsp.com/?p=8737#comment-41691 Sorry for couple of typos

]]> By: Vikas Shirodkar https://vivekvsp.com/2024/08/tata-steels-social-security-schemes/#comment-41690 Tue, 06 Aug 2024 01:10:12 +0000 https://vivekvsp.com/?p=8737#comment-41690 Tatas have been patg breakers in every which way since tgeir inception
PF. Maternity Benefit. 8 hour shifts. All are thanks to the House of Tatas they have set the goal
Sad due to pure commercial considerations there are no takers
Albeit we all know this social security is the biggest gap in our society
Shudder to hear cases where employers do not deposit PF and employee has to go to court for his rightful gratuity

]]> By: Vilas Dhavale https://vivekvsp.com/2024/08/tata-steels-social-security-schemes/#comment-41680 Mon, 05 Aug 2024 17:18:17 +0000 https://vivekvsp.com/?p=8737#comment-41680 If Capitalism goes in this direction it will survive and prosper!

Curious to know if Tata Steel is the only company to offer such benefits?

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