OYO takes a step forward and cover COVID-19 vaccination costs for all employees “OYOpreneurs” in India along with their families. Under this policy, one can choose to get inoculated at any vaccination centre across India and the costs would be reimbursed in full.
OYO launched a host of new preventive wellness benefits for OYOprenuers and their families. These include free annual health checks, free online doctor consultation, discounted women’s health check package, discounted dental, vision checks and services, 24X7 counselling services, discounted gym memberships, yoga sessions and more. In addition to this, OYO has enhanced its insurance policies to include benefits such as a COVID-19 home care cover, psychiatric cover and enhanced maternity coverage.
OYO also recently launched #RiseEqually to announce a change in its parental leave policy. The new parental leave policy will pan out:
- Increased paternity leave to 4 weeks from 2 weeks and flexibility to avail this leave prior as well as during the course of 12 months from childbirth
- An additional 8 weeks of work-from-home and 8 additional weeks on half-pay to be offered to all new parents
- Expanded the scope of maternity & paternity policy to include all parents welcoming a child- be it through birth/adoption/surrogacy; regardless of gender or marital status
In addition to these effective April 2021, OYO has moved the salary payment date to the 25th of every month (or earlier) for OYOpreneurs in India.