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Schaeffler India to cover vaccination cost of 635 employees

13 Mar 2021 Evaluate

Schaeffler India is planning to cover the vaccination cost of all its on-roll employees, who have co-morbidities and are between 45-59 years of age. Going by the eligibility criteria, about 635 employees will be covered under this initiative, which is aimed to safeguard the well-being of employees from the emerging second wave of deadly COVID-19 pandemic.

Moreover, as soon as the government issues further directives regarding the opening of vaccination for people without co-morbidity and people below 45 years of age, company will cover the cost for their vaccination as well.

Schaeffler India has its presence in automotive and across all core industrial segments.

Peers
Company Name CMP
Schaeffler India 4026.40
Timken India 3263.80
SKF India 1538.75
NRB Bearings 531.25
Menon Bearings 296.95
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