Yet again proving its worth, India’s number one apparel exporter Shahi Exports has set a benchmark in Indian apparel export industry.
The company has refunded the salary amount it had deducted during the lockdown to all its employees.
What’s noteworthy is that the company did it well in advance – living up to the commitment for which Shahi Exports has always been known.
Earlier, the company had said that this amount will be refunded with the salary of March/April 2021; however, the same was given to the employees with the salary of January.
Shahi Exports has taken this step at a time when several big exporters are still not giving full salary to their employees.
“It was like a big gift for us as we got the deducted amount back. All employees are happy with this step and their motivation is very high,” told a senior employee of the company on the condition of not disclosing his identity.
He further added that around 5 to 10 per cent salary was deducted depending on various parameters.
Apparel Resources had approached Shahi Exports for details in this regard, but the company didn’t reply to the mail.
Apparel Resources could not get the information on how much it cost the company, but it is expected to be a huge amount as Shahi Exports has thousands of professionals across all its units.
It is pertinent to mention here that so far very few companies have come forward to support their employees and refunded the deducted amount of salary. Recently leading multinational buying house Asmara International had also taken such a step and refunded the deducted salary to their employees.