Monday, October 27, 2025
spot_img

SpiceJet defers upto 50% of April salary for many employees

spot_img
- Advertisement -

SpiceJet defers upto 50% of April salary for many employees

SpiceJet has deferred up to 50% of the April salary of a significant section of employees due to the impact of the second coronavirus wave, sources said on Saturday.

Employees, including pilots and cabin crew, have got 10-50%  of their April salaries deferred. Junior employees like drivers have been paid their April salaries in full, according to the sources. Chairperson and managing director (CMD) Ajay Singh will not take any salary for April, the airline said in a statement.

The second wave is raging across India and hospitals in several states face severe shortage of medical oxygen and beds.

This has affected the aviation sector, too, as the number of air passengers have come down significantly.

The airline’s spokesperson said the second wave resulted in the country’s worst-ever crisis, with the aviation sector again bearing the biggest brunt. “There will be no salary cut for any employee. However, under these extreme and unavoidable circumstances, we are enduring, we are forced to implement a graded salary deferment for some of our employees,” the spokesperson said.

The airline is ensuring that most of its employees, including those in the lowest pay grades, are not affected at all by this deferment and will be paid salaries in full, according to the statement.

“The CMD has decided to forgo his entire salary. This is only a temporary measure and the deferred salary amount will be paid by the company in full once the condition improves,” it added. With PTI Inputs.

spot_img

Editorial

Why TCS Deferred FY25 Salary Hike: Better Hike Ahead?

TCS had initially announced its annual salary hike during...

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry...

Higher EPS Pension Application Stuck: A Step-by-Step Guide to Fix

Nearly 97,640 Provident Fund (PF) members and pensioners under...

Employee Benefits at India’s Big 4 Firms Deloitte, PwC , EY, KPMG

The Big 4 firms; Deloitte, PwC (PricewaterhouseCoopers), EY (Ernst...

TCS Announces 4-8% Salary Hike for FY25, Lowest in Last 4 Years

Tata Consultancy Services (TCS), India's largest IT services provider,...

Must Read

Luminous Power Technologies appoints Shikha Gupta as CHRO

Luminous Power Technologies, a leading energy storage solutions provider...

IIT Madras and Accenture Launch Skilling Programmes

Indian Institute of Technology Madras (IIT Madras) and Accenture...

IT Sector Sees Further 21% Decline In Hiring In India 

According to the Naukri JobSpeak Index Report, There has...

Infosys Launches Living Labs Facility in Hubballi

Infosys, a global leader in digital services and consulting,...

Wipro to open a new delivery center in USA, will hire up to 400 employees

Wipro Limited, a leading global information technology, consulting, and...

Chandigarh EPFO Leads Nation in Higher Pension Claims: PoHW

The Regional Office of the Employees’ Provident Fund Organisation...

EPFO calls CBT meeting likely to address Higher Pension issues

One of the World's largest Social Security Organisations, the...

Construction work on TCS IT digital hub begins today, will add 20K jobs

The Construction work on the TCS IT digital and...

Related Articles

SightsIn Plus
SightsIn Plushttps://sightsinplus.com/
SightsIn Plus is an India’s leading high-quality people-focused monthly HR Magazine and provides up-to-date HR News, Leadership Announcements, Best HR Practices and Insights by Global CHROs, CEOs, HR Advisors, Business Managers and HR Heads on topics of interest to HR professionals. To subscribe SightsIn Plus, HR Magazine please visit- https://sightsinplus.com/subscribe/