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Asian Paints gave hike to employees amid Covid. Why?

Updated: Jun 28, 2020


โ€œ๐™๐™ค ๐™œ๐™š๐™ฉ ๐™ฉ๐™๐™š ๐™›๐™ช๐™ก๐™ก ๐™ซ๐™–๐™ก๐™ช๐™š ๐™ค๐™› ๐™Ÿ๐™ค๐™ฎ ๐™ฎ๐™ค๐™ช ๐™ข๐™ช๐™จ๐™ฉ ๐™๐™–๐™ซ๐™š ๐™จ๐™ค๐™ข๐™š๐™ค๐™ฃ๐™š ๐™ฉ๐™ค ๐™™๐™ž๐™ซ๐™ž๐™™๐™š ๐™ž๐™ฉ ๐™ฌ๐™ž๐™ฉ๐™.โ€ โ€• Mark Twain


Asian Paints is one of the very few companies that is truly standing for their employees in this tough time.


๐—•๐—ฟ๐—ฎ๐—ป๐—ฑ ๐—•๐˜‚๐—ถ๐—น๐—ฑ๐—ถ๐—ป๐—ด: Started in 1942 by 4 friends in Mumbai, after a ban on imported paints & went on to become market leader in 1967. R.K. Laxmanโ€™s creation of brand ambassador โ€œGattuโ€ aided long-lasting brand recall while fresh campaign helped Asian paints to remain relevant amongst modern buy. Latest ad featuring Ranbir Kapoor for Ultima Protek campaign of โ€œAbhi to Aur Chalegaโ€ was an instant hit & even meme were being made out of it.


๐—™๐—ฎ๐˜€๐˜ ๐—ณ๐—ผ๐—ฟ๐˜„๐—ฎ๐—ฟ๐—ฑ ๐˜๐—ผ ๐—–๐—ผ๐˜ƒ๐—ถ๐—ฑ๐Ÿญ๐Ÿต ๐—ฒ๐—ฟ๐—ฎ:

How will an increase in salary will help Asian Paints? Answer lies in Employer branding. It is simply an attractiveness index of any company.

โœ”๏ธBetter candidates

โœ”๏ธLow attrition

โœ”๏ธHigher productivity

โœ”๏ธCommitted channel partners

โœ”๏ธCustomer respect


๐—•๐˜‚๐—ฟ๐—ป๐—ถ๐—ป๐—ด ๐—พ๐˜‚๐—ฒ๐˜€๐˜๐—ถ๐—ผ๐—ปโ“ Is it okay for founders & investors to sell-off their stake at ballooned valuations while firing thousands of employees when times are tough?

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