The Provident Fund Office going in for a change of image, will also hire a brand ambassador
Advertisement
Advertisement
To rebuild its image that was lost because of some controversial decisions, authorities at retirement fund body Employees' Provident Fund Organisation (EPFO) has decided to give it a brand makeover.The first thing that EPFO would get would be a tagline, so that it can brand itself. This would be followed by a brand ambassador, so that people can connect to it.
A senior labour ministry official told ET that the idea behind these changes is to ensure that EPFO becomes a household name, and can come of use to everyone. "Many of our subscribers who are poor workers are not aware of the benefits like the pension, provident fund and even the deposit-linked insurance scheme under EPFO besides several new initiatives undertaken in the last two years. Hence we aim to reach out to the last mile subscriber," the official said.
In the next step of this brand makeover, EPFO will also get all its 120 offices renovated, in a bid to make them all look similar to the State Bank of India buildings, with logo and signages installed on their facades.
Some brand experts believe that these initiatives are being taken to handle the negativity that some controversial decisions in the past have brought to the body’s image. These decisions included tax on withdrawal of PF money and restriction on the withdrawal of the employers' contributions.
Advertisement
Image source
Advertisement
- I quit McKinsey after 1.5 years. I was making over $200k but my mental health was shattered.
- Some Tesla factory workers realized they were laid off when security scanned their badges and sent them back on shuttles, sources say
- I tutor the children of some of Dubai's richest people. One of them paid me $3,000 to do his homework.
- Why are so many elite coaches moving to Western countries?
- Global GDP to face a 19% decline by 2050 due to climate change, study projects
- 5 things to keep in mind before taking a personal loan
- Markets face heavy fluctuations; settle lower taking downtrend to 4th day
- Move over Bollywood, audio shows are starting to enter the coveted ‘100 Crores Club’