OYO Introduces Four-day Work Week with Unlimited Paid Leaves for Employees’ Mental Health
OYO has recently announced a four-day week in the month of May and unlimited paid leaves for its employees till July without any reasons asked
Source | www.news18.com
The coronavirus pandemic has highlighted how labour laws are not very considerate of an employee’s health or mental well-being, with limited paid leaves. However, some startup companies have considered the toll it might take on employees and to run the company efficiently, they have introduced some progressive changes.
One such company is OYO which has recently announced a four-day week in the month of May and unlimited paid leaves for its employees till July without any reasons asked. The decision comes after the country has reported a devastating effect of the second wave of coronavirus. To ensure that their employees remain healthy both physically and mentally, OYO has come up with this decision. According to a report by Your Story, founder and Group CEO of OYO, Ritesh Agarwal shared the two initiatives with his employees and said that he sincerely hopes that these steps will make it easier for the company to wade through the next few weeks.
It is not just OYO that has considered the well-being of its employees, but companies like Myntra as well have taken similar steps