New Delhi: Domestic carriers SpiceJet and GoAir on Wednesday announced that all its employees will have to take a pay cut in March amid grounding of operations due to coronavirus outbreak. While SpiceJet implemented a 10-30 per cent pay cut for last month, GoAir deferred a part of March salaries for its staff in addition to salary cuts implemented earlier.
In a press release, SpiceJet announced a company-wide pay cut for its employees for the month of March 2020 to tide over the unprecedented crisis thrust by the COVID-19 pandemic. The airline has implemented a 10-30 per cent pay cut for all its employees across top and mid rung levels.
The low-cost carrier has, however, assured that its employees in the lowest pay grades will remain unaffected by the decision. In the wake of the crisis, the airline's Chairman and Managing Director, Ajay Singh, has decided to opt for the highest cut of 30 per cent in salary, it said.
SpiceJet has announced 'leave without pay' for employees during March 25 to 31 - the period of the lockdown when all passenger flights were suspended. However, employees who have been working during this period like cargo, ground staff, crew who have flown during this time, will not be affected by the 'leave without pay' and their salaries for this period will be reimbursed, the company said.
01/04/20 Chitranjan Kumar/Business Today
To Read the News in full at Source, Click the Headline
In a press release, SpiceJet announced a company-wide pay cut for its employees for the month of March 2020 to tide over the unprecedented crisis thrust by the COVID-19 pandemic. The airline has implemented a 10-30 per cent pay cut for all its employees across top and mid rung levels.
The low-cost carrier has, however, assured that its employees in the lowest pay grades will remain unaffected by the decision. In the wake of the crisis, the airline's Chairman and Managing Director, Ajay Singh, has decided to opt for the highest cut of 30 per cent in salary, it said.
SpiceJet has announced 'leave without pay' for employees during March 25 to 31 - the period of the lockdown when all passenger flights were suspended. However, employees who have been working during this period like cargo, ground staff, crew who have flown during this time, will not be affected by the 'leave without pay' and their salaries for this period will be reimbursed, the company said.
01/04/20 Chitranjan Kumar/Business Today
0 comments:
Post a Comment