Mumbai: There’s good news for Kotak Mahindra Bank employees – they will henceforth be given a ‘fitness allowance’ for their health and wellness.
To be eligible for the monthly fitness allowance, employee
s will have to share their health and fitness goals with the bank, The Free Press Journal reported.
The bank will also provide a ‘remote working allowance’ to its employees, who will be classified as full-time or working in partially remote areas.
The allowances will be granted from December 1.
“The new normal has brought with it a unique set of challenges. In a work-from-home environment, it’s been seen that work-life balance is getting impacted, and we give utmost importance to employee well being — physical and emotional, always,” Kotak group chief human resources officer Sukhjit Pasricha said.