Close Menu
    Facebook X (Twitter) Instagram
    • Our Story
    • Partner with us
    • Reach Us
    • Career
    Subscribe Newsletter
    HR KathaHR Katha
    • Exclusive
      • Exclusive Features
      • Research
      • Point Of View
      • Case In Point
      • Dialogue
      • Movement
      • Profile
      • Beyond Work
      • Rising Star
      • By Invitation
    • News
      • Global HR News
      • Compensation & Benefits
      • Diversity
      • Events
      • Gen Y
      • Hiring & Firing
      • HR & Labour Laws
      • Learning & Development
      • Merger & Acquisition
      • Performance Management & Productivity
      • Talent Management
      • Tools & Technology
      • Work-Life Balance
    • Special
      • Cover Story
      • Editorial
      • HR Forecast 2024
      • HR Forecast 2023
      • HR Forecast 2022
      • HR Forecast 2021
      • HR Forecast 2020
      • HR Forecast 2019
      • New Age Learning
      • Coaching and Training
      • Learn-Engage-Transform
    • Magazine
    • Reports
      • Whitepaper
        • HR Forecast 2024 e-mag
        • Future-proofing Manufacturing Through Digital Transformation
        • Employee Healthcare & Wellness Benefits: A Guide for Indian MSMEs
        • Build a Future Ready Organisation For The Road Ahead
        • Employee Experience Strategy
        • HRKatha 2019 Forecast
        • Decoding and Driving Employee Engagement
        • One Platform, Infinite Possibilities
      • Survey Reports
        • Happiness at Work
        • Upskilling for Jobs of the Future
        • The Labour Code 2020
    • Conferences
      • Rising Star Leadership Awards
      • HRKatha Futurecast
      • Automation.NXT
      • The Great HR Debate
    • HR Jobs
    WhatsApp LinkedIn X (Twitter) Facebook Instagram
    HR KathaHR Katha
    Home»News»Compensation & Benefits»Vistara staff to face pay cuts till March
    Compensation & Benefits

    Vistara staff to face pay cuts till March

    HRK News BureauBy HRK News BureauJanuary 4, 20212 Mins Read3231 Views
    Share LinkedIn Twitter Facebook
    Share
    LinkedIn Twitter Facebook

    Vistara will continue to go forward with pay cuts for its staff until March, while the three-day leave without pay for its pilots will be waived January 1 onwards.

    The salaries for the pilots will be reduced by 10 per cent, but their base monthly flying allowance will be increased from the prevailing 20 hours to 40 hours. The international carrier is a joint venture of the Tata Group and Singapore Airlines, which had announced the pay cuts earlier, on June 30, to be effective till December 31. The decision affected around 40 per cent of Vistara’s workforce, even as the passenger count dwindled.

    The pilots were getting their base flying allowance since April, fixed at 70 hours, which was earlier reduced to 20 hours. In September 2020, the three-day leave-without-pay policy for pilots was also implemented.

    The CEO of the airlines will be a part of the 40 per cent who continue to suffer pay cuts. He will continue to take a pay cut of 25 per cent. The senior managers will take a 15 per cent pay cut, while the junior to mid-level staff will take a 10 per cent pay cut. The employees whose monthly cost-to-company is less than Rs 50,000 will suffer a five per cent pay cut.

    Earlier in December 2020, the Civil Aviation Ministry allowed Vistara to increase its capacity from 70 per cent to 80 per cent for its domestic flights. Domestic flight numbers continue to remain low with a slight hike in numbers only in October last year.

    flying allowance Hike paycuts pilots Vistara
    Share. LinkedIn Twitter Facebook
    HRK News Bureau

    Leave A Reply Cancel Reply

    19 − eleven =

    Related Posts

    Why are Genpact employees unhappy?

    June 18, 2025

    Agilisium gifts Hyundai Creta cars to all its long-serving employees

    June 16, 2025

    Retirement benefits of govt staff can be forfeited under certain conditions

    May 30, 2025

    Emirates posts record profit; shares success with employees

    May 11, 2025

    QUICK HR INSIGHTS

    EDITOR'S PICKS

    The invisible crisis: why workers are quietly checking out

    June 24, 2025

    How corporate culture change dies a thousand small deaths

    June 23, 2025

    The Great Displacement: How automation is reshaping India’s workforce

    June 20, 2025

    How corporate prejudices are strangling innovation in the workplace

    June 19, 2025
    Latest Post

    Hyundai Motor India nears new wage agreement with recognised union

    News June 24, 2025

    Hyundai Motor India (HMIL), the passenger car manufacturer, is set to finalise a new long-term…

    Is AI overhyped? 62% employees say ‘Yes’!

    Research June 24, 2025

    A whopping 78 per cent of employees are using artificial intelligence (AI) technologies in the…

    Marriage leave among other HR reforms for Sharjah government employees

    News June 24, 2025

    In a major overhaul of public-sector policies, the Government of Sharjah has introduced a new…

    Former in-n-out employee sues for 25 crore; alleges hair discrimination

    News June 24, 2025

    A former employee of American fast-food giant, In-N-Out Burger has filed a lawsuit seeking damages…

    Asia's No.1 HR Platform

    Facebook X (Twitter) Instagram LinkedIn WhatsApp Bluesky
    • Our Story
    • Partner with us
    • Career
    • Reach Us
    • Exclusive Features
    • Cover Story
    • Editorial
    • Dive into the Future of Work: Download HRForecast 2024 Now!
    © 2025 HRKatha.com
    • Disclaimer
    • Refunds & Cancellation Policy
    • Terms of Service

    Type above and press Enter to search. Press Esc to cancel.