The flag carrier airline of India, Air India will revise its privilege leave Policy for employees effective April 1.
Air India will be revising its policy from the next financial year including for both permanent and full-term contract staff.
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.
As per the recent leave policy of the company:
- In the case of fixed-term contract employees for the pilots, cabin crew, and ground staff there has no leave encashment option.
- Apart from this as per the accumulation of leaves is concerned a pilot is entitled can accumulate 150 PLs, and cabin crew, and ground staff can accumulate only 60 PLs.
- Additionally, permanent employees can accumulate or encash up to 300 PLs.
As per the latest policy of the company, an employee can accumulate up to 60 days of PLs at the end of a financial year or can encash the same number of PLs. Air India will also be putting in place a new leave policy for the staff.
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.
Firstly, the employees in the administrative and unskilled categories who have served continuously for at least five years are eligible. Secondly, the employees are permanent general cadre officers who have reached the age of 40 or older and have served the airline for a minimum of five years continuously.
The airline is accepting the offer for voluntary retirement till April 30. A total of around 2,100 employees will be eligible to avail of the latest voluntary retirement offer. The airline has an employee strength of 11,000 people including flying and non-flying staff
