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Network 18 And Viacom 18 Pays Variable Cost Of Last Year’s Appraisal Ahead of Time
This financial relief is in addition to the media group’s drive to get its employees and their families vaccinated against Covid.
In the wake of Covid’s second wave, organisations are coming on a front foot to help its employees and standing by them through thick and thin. Apart from just taking care of their well-being, Network18 and Viacom18 has paid all eligible employees the variable portion of remuneration for the last appraisal year ahead of schedule.
And what’s more surprising to know is that this measure of variable payout isn’t related to performance ratings of this year. This financial relief is in addition to the media group’s drive to get its employees and their families vaccinated against Covid.
“This gesture of 100 per cent variable payout irrespective of performance this year is a small token of the company’s appreciation of your efforts during these challenging times,” Network 18 MD Rahul Joshi wrote it in an internal email to employees.
The mail was to instil within his employees a ray of hope and positivity to fight this time and look towards a better future. He asked all his employees to stay indoor and healthy. And in case of emergency he suggested them all to act like a family and help each other wherever possible.
