Stanza Living employees contribute Rs 10 lakh to company's employee contingency fund for Covid-19

NEW DELHI: Shared living company Stanza Living has set-up a dedicated employee contingency fund which will cover basic medical expenses for any employee who might contract Covid-19. The fund is based on voluntary contribution from employees, said the company in a press release. The co-founders have pledged 50% contribution to the fund. The contribution has totaled Rs.10 lakhs so far.

The company has also announced a number of other measures related to coronavirus. Annual sick leave quota has been relaxed for employees till April, and will be extended based on situation assessment in the next two weeks, said the company.

Training and skilling sessions are also being conducted through webinars for employees. These include topics ranging from design thinking to yoga.


Anindya Dutta, co-founder, Stanza Living said, "A key focus area for preparedness is the safety of our workforce, as they ensure we stay agile and adaptive to external factors, while continuing to deliver a seamless and safe living experience to our residents.”