Sunday, October 19, 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

Happiest Minds says moonlighting unacceptable; layoff employees

A digital transformation IT consulting & services company, Happiest...

Adani Group to Create 15,000 Jobs with $10bn Investment in US

Gautam Adani, Chairman of the Adani Group, announced a...

Infosys Q2FY25 Highlights: Performance & Hiring Trends

India’s second-largest IT services company, Infosys, yesterday released its...

Will AI Make Your Manager Obsolete — or More Human?

The Myth Imagine running a transport company in the pre-Uber...

Spotify Supports Work from Anywhere; It Is Here to Stay

In a world where the traditional office cubicle is...

Employee Value Proposition: The Best Practices

I was recently reading a book, “The War for...

In Conversation with Sally Helgesen on How Women Rise

In an exclusive conversation with SightsIn Plus, Sally Helgesen,...

The Right Process to Identify Pay Inequality and Fix It

Pay inequality is real and statistically established. It has...

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/