Walton disbursed Tk 77cr among its employees to face pandemic

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Economic Reporter :
Walton has disbursed Tk 77 crore among the employees from its profits for the period of 2018-19 amid the countrywide lockdown to stop the spread of novel coronavirus (COVID-19) infection.
In addition, the local brand is paying more than Tk7.5 crore to the Bangladesh Government’s Worker’s Welfare Fund.
After a highly successful business during the fiscal year 2018-19, Walton earned handsome profits. Amon the profit earnings for that period, Tk77 crore has been shared with the employees. On Wednesday (25th March), each of the employees received equal amount of profits bonus in their respective bank accounts. All the employees of the local electronics giant became very happy getting handsome amounts as profit shares amid the fear of coronavirus transmission.
In this regard, Walton Group’s Executive Director (Policy, HRM and Admin) SM Zahid Hasan said, Walton is doing business following all the rules and regulation properly and transparently. Walton has already earned a goodwill in the country’s business arena through paying due VAT-Tax regularly, saying it he added that thus the company has disbursed total of Tk77 crore among the employees from its profit earnings. Apart from those amount, Tk7 crore 68 lakh 5,848 more will be deposited to the Government’s Workers’ Welfare Fund, which will surpass all the previous records, he noted adding, Walton has already been the top payer in that fund.
A worker of Walton factory said, The Company following the government instruction has already closed all of its offices to stop the spread of coronavirus infection. Generally, we have very little amount in hand at the end of month.

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