NEW DELHI: SpiceJet will cut March salaries by 10% to 30%, for all employees except those in the lowest pay grades. The airline, while assuring of no job losses, will not pay March 25-31 lockdown period salary to anyone. Other airlines like IndiGo, GoAir, Vistara and SpiceJet had earlier announced pay cuts for their employees as travel was one of the first casualties of the corona pandemic.
“In its bid to tide over the unprecedented crisis thrust by the COVID-19 pandemic, SpiceJet announced a company-wide pay cut for its employees for the month of March 2020. The airline has implemented a 10-30% pay cut for all its employees across top and mid rung levels.
SpiceJet has, however, assured that its employees in the lowest pay grades will remain unaffected by the decision. In the wake of the crisis, the airline’s chairman and managing director Ajay Singh has decided to opt for the highest cut of 30% in salary,” the airline said in a statement.
