Thursday, October 30, 2025
spot_img

Air India offers Work for 3 Days a Week at 60% Pay

spot_img
- Advertisement -

Air India on Friday introduced a “shorter working week scheme” under which its permanent employees, except pilots and cabin crew members, can opt to work for three days a week at 60 percent salary, said, senior airline officials.

This measure has been introduced in order to improve the airline’s cash flow position amid the coronavirus pandemic, they added.

“The permanent employee who opts for such a scheme can avail this for a period of one year,” the officials said.

The pandemic has impacted the aviation industry significantly, and all airlines in India have taken steps like cutting salaries of employees, firing employees to improve their cash flow.

The officials said that the employees opting for the “shorter working week scheme” would not have the option to take any other employment during the remaining days of the week.

After a gap of two months due to the coronavirus-triggered lockdown, India resumed its domestic passenger flights from May 25 albeit in a curtailed manner. International passenger flights continue to remain suspended in the country.

After failing to disinvest from Air India two years ago, the central government restarted the process in January this year. However, due to the coronavirus pandemic, the process has slowed down.

Air India is a loss-making enterprise and it has a debt of more than Rs 60,000 crore.

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

Return to Office is dead, remote work is here to stay- Stanford Economist

Stanford economist Nick Bloom this week declared that "Return...

EPFO: Members can replace existing EPF nominee with the new one

The Employees' Provident Fund Organisation (EPFO) said, "EPF members...

Jindal Stainless Launches New Employee Value Proposition: Celebrating People-Centric Growth

Jindal Stainless, India's largest stainless steel manufacturer, has unveiled...

OPPO Offers 2 Months Internship on Green Skills in India

In a significant move towards fostering environmental consciousness and...

Will Rajesh Gopinathan accept an advisory role at Tata Group?

After a stellar career of over 22 years with...

UAN for Gig Workers; GOI Pushes for e-Shram Portal Registration

In a significant step toward enhancing social security coverage...

Infosys Foundation to Foster Learning for Army Widows & Children

Infosys Foundation, the philanthropic and CSR arm of Infosys, announced...

Microsoft Offers Various Certification Courses: Apply Here

An American multinational technology corporation, Microsoft offers various certification...

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/