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Mindtree to cover vaccination cost of employees and immediate families

Earlier its larger peers like Accenture, TCS, Infosys and Capgemini announced that they will cover the vaccination of their employees and immediate families.

March 08, 2021 / 15:18 IST
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    Bengaluru-based IT firm Mindtree has announced it cover vaccination cost of its employees and their immediate families in line with the government’s guidelines.

    “Mindtree will be facilitating Covid-19 vaccination for all its India employees as well as their immediate family members, as per the guidelines provided by the Government of India on use and timelines. Similarly, all Mindtree Minds based outside India but having family members in the country, will be able to avail the facility. The entire cost of the immunization drive will be borne by Mindtree. We believe this is part of our responsibility and the basic ethos of the organisation to participate in the larger cause of the vaccination drive in India,” Paneesh Rao, Chief People Officer, Mindtree.

    The company employs about 22,000 people.

    Earlier its larger peers such as Accenture, TCS, Infosys and Capgemini announced that they will cover the vaccination of their employees and immediate families. Between them, these companies would be covering over 10 lakh employees.

    Also Read: Infosys to cover COVID-19 vaccination cost for employees and immediate family

    COVID-19 Vaccine

    Frequently Asked Questions

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    How does a vaccine work?

    A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put an end to the pandemic. Herd immunity occurs when a sufficient percentage of a population becomes immune to a disease, making the spread of disease from person to person unlikely. The good news is that SARS-CoV-2 virus has been fairly stable, which increases the viability of a vaccine.

    How many types of vaccines are there?

    There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine.

    What does it take to develop a vaccine of this kind?

    Vaccine development is a long, complex process. Unlike drugs that are given to people with a diseased, vaccines are given to healthy people and also vulnerable sections such as children, pregnant women and the elderly. So rigorous tests are compulsory. History says that the fastest time it took to develop a vaccine is five years, but it usually takes double or sometimes triple that time.

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    The vaccination drive that started in January 16, 2021 for healthcare workers has now been extended to those over 60 years and between 45-59 years if they have comorbidities such as hypertension.

    Wipro founder chairman Azim Premji, Mahindra group Chairman Anand Mahindra and Biocon Executive Chairperson Kiran Mazumdar-Shaw has been advocating private sector participation in the vaccine drive.

    Also Read: Accenture in India to cover COVID-19 vaccination cost for employees and their dependents

    Moneycontrol News
    first published: Mar 8, 2021 03:18 pm

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