Friday, December 11, 2009

Air India CMD to meet panels on performance pay on Friday

Air India CMD Arvind Jadhav is likely to hold a meeting on Friday with the committees reviewing the Productivity-Linked Incentives (PLI) of employees to chalk out a road map on the issue.
"The CMD is expected to meet the committees and discuss the road map for determining the PLI issue," sources familiar with the development told PTI here.
The proposals of these committees would then be sent to the AI board's sub-committee, they said.
The sub-committee comprises joint secretaries in the Civil Aviation Ministry, Prashant Shukul and E K Bharat Bhushan, besides Jadhav.
Four committees had been set up in August under various Functional Directors of the airline, each focusing on a specific segment of the PLI to review the entire issue of performance payments after the unions rejected a 50 per cent 'unilateral' cut proposed by the NACIL (National Aviation Company of India Limited) management.
10/12/09 Press Trust of India/Business Standard
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