Too many expats add to Jet`s attrition problems

Mumbai: Jet Airways' preference for expats in key positions may have led to the departure of a few key executives. While the airline denied media reports of a "sudden exodus" from the management team, specially that of its executive director Saroj Datta, at least three senior executives have put in their papers.
N Hariharan, vice-president (office of the chairman), said he is joining the GVK-led MIAL as director, corporate relations. "I had conveyed my desire to move on to Chairman Naresh Goyal way back in January. There was nothing sudden and I have moved for better career opportunities in infrastructure, where I see growth," he said.
Jet said apart from Hariharan, AS Bedi and S Bandula are leaving the company as a result of better career prospects and family commitments. While refusing to be drawn into specifics, Jet pointed out that attrition was a common phenomena in any business enterprise and the growing aviation industry in India cannot be excluded.
Sources familar with the developments said the hiring of expats in key positions had ruffled feathers. Their salaries are at least 50 per cent more than those of local counterparts, said a former Jet Airways employee who quit recently.
01/05/08 Manisha Singhal/Business Standard

To Read the News in full at Source, Click the Headline

Categories: Foreign May 2008, Jet Airways May 2008