Bharti Airtel Chairman Sunil Mittal announces bonus for some employees
Amidst COVID-19 crisis, job losses, and pay cuts, Bharti Airtel Chairman Sunil Mittal announces a bonus for some employees. In a mail to its senior employees, he mentioned that the one-time bonus is a token of appreciation to the employees.
However, according to the media sources, the bonus has only been extended to those above the senior manager position level.
Bharti Airtel posted a net loss amounting to Rs 15,933 crores for the April-June quarter of FY21.
Below is the full copy of the Chairman’s mail:
Over the last few years we have seen massive turbulence in our industry – from regulatory changes to free services to massive surge in capex to shut down of operators to large scale mergers.
I remember saying to many of you in March 2018 at the Dubai conclave that it will take two years for the industry to settle. I also remember the clarion call I gave to you asking you for two years of your commitment.
You did it. And for that I am extremely grateful.
I know how tough this period has been for many of you and your families. But the remarkable thing is that you have ensured that Airtel comes out stronger. We are at a lifetime high in terms of market share. We continue to deliver the best experience in the industry. At the same time, you have built strong digital capabilities that will propel us to truly meet our vision of enriching the lives of our customers.
The overriding emotion I feel is one of gratitude. To each of you for sticking in this journey and helping us navigate these turbulent times. I am sure, history will be written when we look back on all you have achieved.
As a token of the Board’s appreciation, I am announcing today a one-time bonus that will be paid out to every one of you who has been with us through this ride. You will get to know the details of this scheme from your HR teams.
My very best and thank you,
Sunil
