Jet Airways employees to take a pay cut

Eleanor Steed
By Eleanor Steed August 1, 2018 17:00

Jet Airways employees to take a pay cut

Jet Airways has informed its employees that they will have to take an up to 25% cut in their salaries to help offset rising costs and a falling rupee, reports the Economic Times.

Salary cuts are in the range of 5% (for those earning Rs 12 lakh annually) to 25% (for those earning Rs 1 crore and above) starting this month.

The newspaper cites sources that say salary cut for pilots in the airline will be in the range of 17%.

Eleanor Steed
By Eleanor Steed August 1, 2018 17:00