According to Media reports, Air India has provided relaxation in the leave policy for retiring employees.
Air India CEO and Managing Director Campbell Wilson said, “Subsequently, many of you approaching retirement asked whether this could be deferred until your superannuation”.
“Our HR team followed up with the external tax authorities and happily were able to reach an agreement that, for those superannuating in the next two financial years i.e., FY 2023-24 and 2024-25, we are now able to meet the request”, he added.
He further said, “I’m sorry we were not able to secure the ability to do so for those retiring later, but we tried.”
Earlier, Air India revised its privileged leave Policy for employees effective April 1. The airline was revising its policy for the next financial year including for both permanent and full-term contract staff.
As per the earlier reports, Air India’s Chief Human Resources Officer Suresh Dutt Tripathi said, “We are reviewing our leave policy comprehensively to align it with the prevailing market practices.”
“As a part of that process, Privilege Leave (PL) limit accumulation and encashment are being revised,” Suresh added.
Air India on five-year transformation plan ‘Vihaan.AI’
Additionally, “From now through June, I and other colleagues from the management and the various Vihaan project teams will be travelling to cities around the country to meet more of you face to face”, Campbell Wilson added.
“We’ll be sharing detail on what is being worked on, seeking your thoughts, suggestions and help to take our mission forward, and providing updates on what is happening in the company more generally. These will help ensure we all share the same direction, purpose and energy”, he added.
Air India on voluntary retirement scheme
Recently, Air India also announced the offering of a voluntary retirement scheme for its non-flying staff. This is the second time the company is offering VRS to employees.
