SpiceJet resorts to sharp salary cuts

Budget carrier SpiceJet employees were in for a rude shock when they received their salaries for the month of March — the airlines had not only cut the wages for the last week of the month, which was the mandatory lockdown period imposed by the government, but had gone a step ahead with a salary cut of up 30 per cent for its employees as the aviation sector is in turmoil because of the coronavirus pandemic.

“The SpiceJet management has decided to implement a pay cut between 10-30 per cent in March across our employee base. Our chairman and managing director (Ajay Singh) has opted for the highest cut of 30 per cent in compensation,” the airline said in an e-mail communication to the staff on Tuesday.