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March 27, 2020

Covid-19 – Nestle staff to get three months pay

Nestle, the world's largest food company, has set out what it will pay staff affected by "temporary stoppages" caused by the coronavirus outbreak.

By Dean Best

Nestlé, the world’s largest food company, has set out what it will pay staff affected by “temporary stoppages” caused by the coronavirus outbreak.

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“We are offering additional support to staff affected by the crisis, including generous sick leave arrangements, financial support and a guarantee of full pay for a minimum of 12 weeks for hourly and salaried staff affected by temporary stoppages,” the KitKat chocolate and Maggi sauces owner said yesterday (26 March).

“We would like to assure our customers and consumers that we will continue to produce and deliver products to meet global demand. Our people are fully committed and are working tirelessly to ensure that supply is maintained. We have put enhanced safety measures in place at all sites, with particular focus on front-line workers in Nestlé factories, quality labs and distribution centres.”

Nestlé has not publicly set out which, if any, of its facilities have seen stoppages, although, on Wednesday, the company’s publicly-listed India subsidiary said it had “scaled down or suspended” parts of its operations in the country.

Related Companies

Free Whitepaper
img

What is the impact of China’s Zero-COVID lockdowns on economic activity, consumer goods and the foodservice industry?

While wanting to protect the country from being overwhelmed by Omicron, China’s adherence to a Zero-COVID policy is resulting in a significant economic downturn. COVID outbreaks in Shanghai, Beijing and many other Chinese cities will impact 2022’s economic growth as consumers and businesses experience rolling lockdowns, leading to a slowdown in domestic and international supply chains. China’s Zero-COVID policy is having a demonstrable impact on consumer-facing industries. Access GlobalData’s new whitepaper, China in 2022: the impact of China’s Zero-COVID lockdowns on economic activity, consumer goods and the foodservice industry, to examine the current situation in Shanghai and other cities in China, to better understand the worst-affected industry sectors, foodservice in particular, and to explore potential growth opportunities as China recovers. The white paper covers:
  • Which multinational companies have been affected?
  • What is the effect of lockdowns on foodservice?
  • What is the effect of lockdowns on Chinese ports?
  • Spotlight on Shanghai: what is the situation there?
  • How have Chinese consumers reacted?
  • How might the Chinese government react?
  • What are the potential growth opportunities?
by GlobalData
Enter your details here to receive your free Whitepaper.

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