Tag: pay cuts

Jet Airways to impose 50% pay cuts

Employees at Jet Airways may have to face up to 50 per cent pay cut starting 1 December 2022. However, the good news is...

SpiceJet to hike pilots’ salaries

SpiceJet will pay its captains Rs 7 lakh for 80 hours of flying per month. This is the hike that the Airline has announced...

Staff disgruntled over low salaries across Indian airlines

Cabin crew, technicians and pilots working for various airlines in the country have been protesting by calling in sick en masse. The primary issue is...

IndiGo hikes salaries by 8% for the second time in 2022

IndiGo pilots and crew members have received yet another eight per cent hike in their salaries. This is the second hike in four months....

IndiGo pilots unhappy over pay cuts, suspension

Frustration is mounting amongst the pilots of IndiGo, which has reportedly made a profit of about Rs 130 crore recently after a two-year lull....

Air India pilots’ union demands restoration of pay cuts imposed during...

Indian Pilots’ Guild (IPG), which is the union of the pilots employed by Air India, wrote a letter to Rajiv Bansal, the recently-elected aviation...

TOI & ET announce second round of pay cuts

Bennett, Coleman and Company Limited (BCCL) has now announced the second round of pay cuts, taking journalists by surprise. The employees of The Times...

Indigo senior leadership to take increased pay cut

Ronojoy Dutta, CEO, Indigo, informed employees via an email that he was increasing his personal pay cut by 10 per cent and urged all...

Edelman lays off 390, cuts 5-20% pay of remaining staff

Edelman, the American public relations and marketing consultancy firm, has announced job cuts. It will be laying of about seven per cent of its...

Extended leave without pay for GoAir staff till June 30

On June 1, the GoAir management informed the employees about the extension of leave without pay (LWP) till the end of June, and even further,...

10-50% pay cut for staff of KPIT Technologies

KPIT Technologies, the Indian multinational company based in Pune, will be deducting 10 to 50 per cent of the salaries of its employees as...

Ryanair to lay off 3,000, sees no hope of business improving...

Ryanair, the Irish budget airline, is planning to slash 3,000 jobs, as it does not see demand picking up before 2022. It is also...

Most SpiceJet employees to receive April salaries on May 1

Low-cost carrier, SpiceJet, has announced that most of its employees will be paid their salaries for the month of April. This comes a day...

Low cash flow in health sector may invite pay-cuts

In an unfortunate turn of events, the heroes fighting the virus on the frontlines every day may have to succumb to pay cuts, deferred...

IndiGo to pay full salaries to majority of employees; revokes announcement...

Low-cost carrier (LCC), IndiGo, has revoked its earlier announcement of pay-cuts during the month of April. It has now decided to pay full salaries...

Why a coaching culture and not any other culture?

“Would you tell me, please, which way I ought to go from here?” “That depends a good deal on where you want to get to,”...

50,000 employees subscribe to Capgemini’s ESOP

At least 50,000 employees from the 29 participating countries subscribed to Capgemini’s ninth annual employee stock ownership plan or ESOP. With an employee subscription...

Latest

Scrap 10+2 education format from next academic session: CBSE

As per the recommendation of the New Education Policy 2020 (NEP), the Central Board of Secondary Education (CBSE), will soon direct all CBSE-affiliated schools...

Chinese woman works as grave keeper; enjoys work-life balance

A young Chinese woman, who carries the surname Tan, has taken up a unique job, where she says she enjoys peace, an ideal work...

Twitter firings over, Musk now actively hiring talent, seeking referrals

After making headlines for the controversial firing of employees, Twitter seems to be hiring actively again. Over the past one month, about two-thirds of the...

Employees with low ambition – Boon or bane?

Having worked at the same IT Company for 11 years, Rohan Pandey, a back-end web developer, was the go-to person for most rookies on...

DIALOGUE

EQ, IQ & empathy define the success of a CEO

Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...

“The big change has been that we have moved from jobs to skills,” Amaresh...

Q. How would you define the culture at GE? A. Having been present in this region since 1902, GE has been around for 120 years....

“Being good to everyone is being unjust to performers,” Mathew Job, CEO, Crompton

Q. In today’s times, what’s more challenging for a CEO like you — profit & business growth, talent & people, diversification, compliance or managing...