AGCO launches an Employee Relief Fund to support its global team in times of crisis. Underscoring commitment to enhancing employee health and wellbeing offerings, the fund provides rapid assistance in the wake of significant crisis events, such as natural disasters.
“We were inspired to launch the AGCO Employee Relief Fund following the devastating floods in the Rio Grande do Sul region of Brazil, where hundreds of our employees were impacted,” said Ivory Harris, SVP and Chief Human Resources Officer. “Many employees lost everything. We hope these grants help these families to recover and rebuild and that we can help even more employees in future disasters.”
AGCO has so far committed over $450,000 to Brazilian employees and their families in the initial phase of relief fund grants.
“I remember the day I received the card that described all the benefits available. It is an immense joy,” said employee, Isadora Sanches, a Finance Assistant living in Canoas RS. “In fact, this news was a joy for our whole family, a bit of peace and security amidst the chaos.”
Employees can submit a request for grant support through the Relief Fund, and eligibility is based on the significance of the crisis. E4E Relief, a third-party administrator with more than two decades of experience serving clients in this space, is administering the program to ensure confidentiality and impartial decision making.
