(TAN): The COVID-19 pandemic has impacted the hospitality industry around the world, leading to temporary leaves or significantly reduced work schedules for many members of the global Hyatt family. In a focused effort to help the colleagues who are most financially impacted by COVID-19, Hyatt has announced the launch of the Hyatt Care Fund.
The Hyatt Care Fund is a program designed to support colleagues with the most pressing financial needs due to COVID-19, through a series of coordinated efforts around the world. Impacted Hyatt colleagues in owned, managed and franchised hotels and in Hyatt’s corporate offices around the world are eligible to apply.
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The ultimate goal of the Hyatt Care Fund is to provide financial relief to as many impacted colleagues as possible. Initially, grants will be prioritized to colleagues who are currently working zero hours and not eligible for government assistance. Grants will provide compensation for needs ranging from rent payments to groceries or childcare assistance to utilities and other monthly payments.
The Hyatt Care Fund is launching with initial contributions by the Hyatt Hotels Foundation, salary reductions of Hyatt’s Senior Leadership Team and Board of Directors, and donations from Pritzker family foundations.
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Salary reduced to 30.%
If u get it? Like hourly pay?