Salary Cut by different International Airlines for Pilots
Salary Cut by different International Airlines for Pilots -
After introducing a pay cut for all employees last week as the coronavirus pandemic has drastically impacted the aviation sector, Go Air CEO Vinay Dube told the employees on Wednesday that a portion of their March's salary has been deferred to April.
Apart from the pay cut, the airline has also taken other cost cutting measures during the last few weeks -- it has laid off its expat pilots and asked its employees to go on leave without pay on a rotational basis.
In an email to employees on Wednesday, Dube said, "Yesterday, salaries were posted to each of your bank accounts. All employees in Grade's D and below received salaries in their entirety."
"The rest of you will see less than what you are normally used to seeing as a result of the reduction in pay I had announced earlier, but also because we have been forced to defer a portion of your accrued salaries to April," Dube added. India has imposed a 21-day lockdown till April 14 to curb the spread of the novel coronavirus, and domestic and international commercial passenger flights have been suspended for this period. Many other virus-affected countries have taken similar measures.
Just like Go Air, other airlines have also cut the salaries of its employees.
IndiGo has announced a pay cut of up to 25% for its senior employees and Vistara has announced a compulsory leave without pay of up to three days for its senior employees in March.
SpiceJet has stated that its employees' salaries would be reduced between 10 to 30 per cent and Air India has announced a 10 per cent cut in allowances for every employee, except cabin crew, for the coming three months.
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Shweta Upreti MBA
Manager HR (Internship InCharge)
Aircrews Aviation Pvt Ltd
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