66th Day Of Lockdown

Maharashtra59546186161982 Tamil Nadu1937210548148 Delhi162817495316 Gujarat155728003960 Rajasthan80674815180 Madhya Pradesh74534050321 Uttar Pradesh71704215197 West Bengal45361668295 Andhra Pradesh3245213359 Bihar3185105015 Karnataka253381847 Telangana2256134567 Punjab2158194640 Jammu and Kashmir203685927 Odisha16608877 Haryana150488119 Kerala10895558 Assam8801044 Uttarakhand493794 Jharkhand4621914 Chandigarh3641894 Chhatisgarh364830 Tripura2421650 Himachal Pradesh223634 Goa68370 Puducherry49170 Meghalaya20121 Nagaland1800 Manipur540 Arunachal Pradesh210 Mizoram110 Sikkim100
Business Companies 31 Mar 2020 SpiceJet to cut 10-3 ...

SpiceJet to cut 10-30% salary of all employees in March amid covid19 lockdown

PTI
Published Mar 31, 2020, 4:14 pm IST
Updated Mar 31, 2020, 4:14 pm IST
Most Indian carriers have already announced a pay cut for their employees
Budget carrier SpiceJet. (Photo- PTI)
 Budget carrier SpiceJet. (Photo- PTI)

Mumbai: Budget carrier SpiceJet has decided to cut 10-30 per cent salary of all 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.

"SpiceJet management has decided to implement a pay cut between 10-30 per cent in March across our employee base. Our Chairman and Managing Director (Ajay singh), in fact, has opted for the highest cut of 30 per cent in compensation," the airline said in the communication.

 

Other budget carriers IndiGo and GoAir have already announced similar move earlier.

"These are extremely tough time and call for appropriate and exceptional measures to sale through the exceptional challenge," it said.

As tough as it seems, most Indian carriers have already announced a pay cut for their employees, SpiceJet said.

"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," the letter said.

...




ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT