Wednesday, September 23, 2009

Decision on AI employees' PLI likely today

Mumbai: The Air India Board is likely to take a final call on employees' Productivity-Linked Incentives (PLI) or flying allowance issue in its crucial meeting today.
Air India sources said the panel, which was set up by the management to review PLI norms for the company and revise its parameter last month, is expected to submit its report.
Besides, the management would also seek the Board's nod for borrowing from banks, sources said.
The panel has finalised its report. It is likely to recommend a 30-50 per cent reduction in employees PLI, based on slab system, they said.
23/09/09 Press Trust of India
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