Grameenphone contributes Tk 24.44 crore to Bangladesh Labour welfare fund

Grameenphone, the leading telecom operator in Bangladesh, has reaffirmed its commitment to worker welfare and responsible corporate practices by contributing Tk 24.44 crore to the Bangladesh Labour Welfare Foundation Fund.

This contribution represents 10% of the company's Workers Profit Participation Fund (WPPF) for 2023. A delegation led by Sayeda Tahya Hossain, Chief Human Resources Officer (CHRO) of Grameenphone, handed over the cheque to the Honorable Adviser for the Ministry of Labour and Employment, Asif Mahmud Shojib Bhuiyan during a ceremony at the ministry's conference room in Dhaka today (29 Sep). A.H.M. Shafiquzzaman, Secretary of the Ministry of Labour and Employment, along with key representatives from Grameenphone, including Mohammad Aulad Hossain, Head of Industrial Relations and Culture; Mohammad Khaled Mridha, Head of Compensations Benefits and Analytics; Muhammad Tawhidul Islam, Senior Industrial Relations Expert and Md. Harun Ur Rashid, an Industrial Relations Expert, was present during the event. 
Sayeda Tahya Hossain, Grameenphone's Chief Human Resources Officer, highlighted the company's role as a responsible corporate citizen. She emphasised that Grameenphone's commitment goes beyond connectivity, as the company is equally dedicated to nurturing and empowering a diverse and digitally skilled future-ready workforce. This contribution is a testament to the company's dedication to fostering a work environment prioritising safety and inclusivity for all employees. 
Under the Bangladesh Labour Act, domestic and foreign companies contribute one-tenth of 5% of their profits to the Labour Welfare Fund. Since its inception, Grameenphone, as a responsible corporate company and one of the highest contributors to the Labour Welfare Foundation Fund, has deposited a total of Tk 2,393,170,603 (two hundred thirty-nine crore thirty-one lacs seventy thousand six hundred and three). 
As a trailblazer in the industry, Grameenphone is dedicated to promoting digital inclusion and youth upskilling to develop future-ready leaders. The company's initiatives, such as FutureNation and GP Academy, focus on equipping young individuals with digital competencies. Additionally, their platform, GP Accelerator, fosters the next generation of skilled entrepreneurs, co-creating a vibrant startup ecosystem that empowers youth to thrive in an increasingly digital world. The company's Platform SHE initiative, which focuses on mentorship for young women, continues to empower female professionals across the country.