{"id":344468,"date":"2020-04-01T09:22:57","date_gmt":"2020-04-01T03:52:57","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=344468"},"modified":"2020-04-01T09:29:26","modified_gmt":"2020-04-01T03:59:26","slug":"coronavirus-impact-spicejet-to-reduce-salary-of-employees-by-10-30","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/coronavirus-impact-spicejet-to-reduce-salary-of-employees-by-10-30\/","title":{"rendered":"Coronavirus impact: SpiceJet to reduce salary of employees by 10-30%"},"content":{"rendered":"<p>SpiceJet has initiated a 10-30 per cent pay cut for all its employees across top and mid-rung levels due to the impact of Covid-19 on its operations, the airline said on Tuesday. The airline\u2019s Chairman and Managing Director, Ajay Singh, has also opted for a 30 per cent cut in his March salary. <\/p>\n<p>In FY 18-19, Singh took home Rs 7.2 crore as salary benefits. Unfortunately, due to the lockdown, SpiceJet has been forced to announce \u2018leave without pay\u2019 for employees during 25 March &#8211; 31 March,&#8221; the airline told its employees. <\/p>\n<p>&#8220;However, employees who have been actively working during this period will not be affected by the \u2018leave without pay\u2019 and their salaries for this period will be reimbursed,&#8221; it added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SpiceJet has initiated a 10-30 per cent pay cut for all its employees across top and mid-rung levels due to the impact of Covid-19 on its operations, the airline said on Tuesday. The airline\u2019s Chairman and Managing Director, Ajay Singh, has also opted for a 30 per cent cut in his March salary. In FY 18-19, Singh took home Rs 7.2 crore as salary benefits. Unfortunately, due to the lockdown, SpiceJet has been forced to announce \u2018leave without pay\u2019 for employees during 25 March &#8211; 31 March,&#8221; the airline told its employees. &#8220;However, employees who have been actively working during [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-344468","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/344468","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=344468"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/344468\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=344468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=344468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=344468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}