New Delhi: Air India's planned voluntary retirement scheme might turn out to be far less voluntary than imagined, with the airline planning to reject applications of its productive employees.
The finalisation of the VRS process itself - through which the national carrier expects to save 375 crore per annum for the next five years in wage bill - has been delayed since the government and Air India are working hard to retain talented people.
"We plan to undertake a screening of all (VRS) applications by immediate bosses as part of the VRS, so that only those whose performance are not up to mark leave the company and not the fruitful workers, that too in such difficult times," a senior AI official told ET.
Corroborating this view, an official from the civil aviation ministry said that since the airline is looking to reduce flab, it doesn't want to replace outgoing people.
26/09/12 Economic Times
To Read the News in full at Source, Click the Headline
The finalisation of the VRS process itself - through which the national carrier expects to save 375 crore per annum for the next five years in wage bill - has been delayed since the government and Air India are working hard to retain talented people.
"We plan to undertake a screening of all (VRS) applications by immediate bosses as part of the VRS, so that only those whose performance are not up to mark leave the company and not the fruitful workers, that too in such difficult times," a senior AI official told ET.
Corroborating this view, an official from the civil aviation ministry said that since the airline is looking to reduce flab, it doesn't want to replace outgoing people.
26/09/12 Economic Times
