TresVista rolls out financial aid package for employees affected by Covid-19

TresVista, a provider of outsourced support to corporates, asset managers, and entrepreneurs, has announced a slew of employee support initiatives.

The company will be offering financial aid to its employees through an assistance programme to help them navigate these challenging times.

As part of the programme, employees can access a specially allocated company corpus through salary advances or interest-free loans in case of medical emergencies for themselves and their families. Non-recoverable financial support will be given in case of an unfortunate demise of an employee or their family member. On the demise of a serving employee, TresVista is offering an amount of Rs. 10,00,000 or the equivalent of the employee’s gross annual salary, whichever is higher, to the nominated family member.

If a married employee faces the spouse’s demise or if an unmarried employee faces the demise of a parent, a one-time lump-sum amount of Rs. 3,00,000 will be given.

While the group’s current medical insurance policy includes Covid-19 coverage for all employees, the firm has increased the sum assured by 50%-100% across designations.

“The ongoing pandemic has made things challenging for countless people across the country. We feel privileged to be in a position to help our employees and are fast-tracking financial help to those in distress, which is the goal of the Covid-related aid package,” Sudeep Mishra, co-founder and managing director, TresVista, told ET.

The company has previously rolled out caregiver’s leave, bonuses, vaccination reimbursements, and more.

The organisation’s business lines include research and investment services, data intelligence group, CFO office services, and business development services. It has over 750 employees across offices in Mumbai, Pune, Bengaluru, Singapore, New York, and London.

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