Tuesday, March 31, 2020

SpiceJet to cut up to 30 pc salary of employees in March

Mumbai: Budget carrier SpiceJet has decided to cut up to 30 per cent salary of its employees in March with Chairman Ajay Singh opting for highest 30 per cent trimming in compensation, the airline said in an e-mail communication to the staff on Tuesday.

Moreover, the employees will also be treated as "on leave without pay" for the March 25-31 phase due to the suspension of air passenger services during the period, said the airline, which offered its aircraft and crew to the government for any "humanitarian mission" last week.

Significantly, the pay-cut announcement coincides with the termination of service contracts of over a dozen expat pilots with the airline, as per a source.

"These are extremely tough time and call for appropriate and exceptional measures to sale through the exceptional challenge. As tough as it seems, most Indian carriers have already announced a pay cut for their employees.

"Unfortunately SpiceJet is not too immune to the situation which has unquestionably affected the airlines in the most severe form across the globe. Therefore in our bid to stay lean, and under absolutely unavoidable circumstances, we have been forced to take certain bold decisions, which will help the SpiceJet family surmount these difficult times," Human Resource department of the airline told employees in the e-mail.
31/03/20 PTI/Outlook

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