Budget provider SpiceJet has determined to chop 10-30 per cent wage of all its workers in March, with Chairman Ajay Singh choosing highest 30 per cent trimming in compensation, the airline stated in an e-mail communication to the workers 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 stated within the communication.
Other finances carriers IndiGo and GoAir have already introduced the same transfer earlier.
“These are extremely tough time and call for appropriate and exceptional measures to sale through the exceptional challenge,” it stated.
As powerful because it appears, most Indian carriers have already introduced a pay minimize for his or her workers, SpiceJet stated.
“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 stated.