upGrad redesigns people policies as employee headcount increases four-fold

Mumbai-based Edtech firm upGrad has increased its headcount From 500 to 2000 during the pandemic in order to meet the growing demand. Consequently, the firm has to re-look and restructure its people’s policies.

The edtech major has extended Work From Home till June 2021 as it focuses on a healthier work-life balance and holistic well-being for maintaining employee morale in its blitzscale phase.

Preeti Kaul, Head – HR, upGrad said, “Given youth is a majority in our talent, we rightly expected most to move back to their hometowns. We were cognizant that missing the office environment and interpersonal interactions will have a huge interplay with the current state of living in joint families, with perhaps a lack of personal space, minimal physical & social activities, coupled with the anxiety of the pandemic. Thus, the holistic well-being of our employees, in addition to their physical safety, became the front and center of our people’s practices.”

Along with covid leaves, upGrad provides its employees benefits such as add-on features in insurance policies, ex-gratia payouts, employee engagement activities like fitness challenges, yoga classes, informal talk shows with senior leaders, virtual stand-up comedies, and one-on-one expert counselling sessions.

AK

+ posts

HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.

HrNxt Newsdesk

HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.
 

Tags:

What's your take on this post ? Comment: