NEW DELHI : With revenues taking a hit due to falling air traffic amid the second wave of covid-19 infections, no-frills airline SpiceJet Ltd has reverted to a salary structure based on the hours worked. It has also deferred salaries for May for a large section of its workforce.
“While the salaries for the month of May shall be credited to your bank accounts on 1 June, there will be (a) graded deferment of up to 35% for some of our employees. The deferred amount will be released from (the) second week of June 2021,” SpiceJet informed its staff through an email on Sunday night. “Our colleagues in the lowest pay grades will be unaffected by this deferment and their salaries will be paid in full.”