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Senco Gold & Diamonds not to cut salaries of employees even as business takes a hit due to COVID-19



Kolkata- based Senco Gold & Diamonds, which has presence in other metros too, on Wednesday announced that there would be no salary cuts and the company will remain committed to pay all its employees at 100 plus showrooms their full salaries, regardless of the impact on company’s overall business.

It has also pledged Rs 1.5 crore towards the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund). The overall contribution also includes one day’s salary of more than 2500 Group employees as well as contribution from the Senco Gold & Diamonds franchisees.


Mr. Shaankar Sen, Chairman, Senco Gold & Diamonds Group said, “The world is currently putting up a spirited fight against COVID19. The central government along with West Bengal government has so far done exemplary work to contain the spread of the virus. Senco Gold & Diamonds Group stands united with the nation and Government’s efforts to overcome the unprecedented coronavirus pandemic, which is impacting the lives of millions of people, and countries across the globe in recent times. We will try to the best of our capabilities to serve our customers, employees, communities and country. All of us would have to do whatever it takes to alleviate and enhance the quality of lives of the communities we serve.”

Courtesy: Economic Times

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