Friday, October 12, 2018

Jet Airways delays salary payment again

New Delhi: Jet Airways delayed the payment of salaries due on Thursday to its senior employees, a problem that has been recurring for the last two months. In September, Jet announced that the airline will pay its employees salary in two equal instalments — 50% on 11th and the remainder on 27th of every month till November.
In a statement the carrier said it is committed to overcome the exogenous circumstances plaguing the aviation sector due to the continuing rise of Brent fuel prices as well as the depreciating rupee.
“While the company has been diligent in running its payroll as per schedule for all employees, it is only in the last couple of months that the schedule has been impacted due to unavoidable reasons.
Despite these challenges, the company has ensured that 85% of its employees are paid salaries on time while those of the leadership, pilots and engineers have been delayed,” the company said.
12/10/18 Economic Times
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