The fund will be used to provide support in four ways including bearing testing costs up to a maximum of US$200 for any employee who wishes to undergo testing for COVID-19.
Carsome has set up a US$50,000 COVID-19 Support Fund for all of their employees in Southeast Asia.
In a press release yesterday, the used-car selling service noted that the new fund will cover Carsome’s 700 employees across Malaysia, Indonesia, Thailand, and Singapore, where financial assistance will be provided to them and their families should an employee contract the virus.
The Carsome COVID-19 Support Fund is sponsored by Carsome with contributions by its management team from their respective salaries. It was set up to ensure their employees are not financially distressed in light of the current situation.
The fund will be used to provide support in the following four ways:
- Bear testing costs up to a maximum of US$200 for any employee who wishes to undergo testing for COVID-19 should they exhibit any symptoms or is a close contact of a confirmed case.
- Provide living expense support to employees and their families if they have contracted COVID-19. As a form of immediate relief, Carsome will issue a one-off gratuity payment totalling USD$1,000 to each infected employee, and undertake additional costs up to USD$3,000 should an infected employee require further treatment beyond that provided by public hospitals.
- Support employees who are under mandatory stay-home-notice so they continue to receive their salary in full for a maximum period of three months.
- Additionally, it aims to contribute to the community, by way of supporting projects in accelerating vaccination, societal recovery plans, and COVID-19 awareness.
Eric Cheng, CEO and Co-Founder of Carsome, said: "COVID-19 is unlike any other previous crisis we have seen and has caused major disruption in businesses, healthcare and the economy. With the support fund, we hope we can help alleviate the stress the crisis has brought to our employees by contributing to the fight against the pandemic. We would also like to encourage all of our employees to constantly take good care of their personal hygiene and seek medical help should they feel unwell."
In the meantime, he noted that the firm is working to disinfect and clean our inspection centres and offices to ensure the highest safety standard according to the guidelines set by the World Health Organisation (WHO).
“As we grapple with the scale of this pandemic, we will continue to provide our employees with the utmost attention and do our very best to care for their safety and well-being,” added Cheng.
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