Business Standard

SpiceJet announces 10-30% cut in March salary for all employees

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

spicejet
Premium

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

Press Trust of India 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.

Topics : SpiceJet

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 31 2020 | 3:00 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com