{"id":360442,"date":"2020-07-01T11:14:30","date_gmt":"2020-07-01T05:44:30","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=360442"},"modified":"2020-07-01T11:14:30","modified_gmt":"2020-07-01T05:44:30","slug":"vistara-announces-5-20-pay-cut-for-40-employees-till-december","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/vistara-announces-5-20-pay-cut-for-40-employees-till-december\/","title":{"rendered":"Vistara announces 5-20% pay cut for 40% employees till December"},"content":{"rendered":"<p>NEW DELHI : Vistara on Tuesday announced a pay cut between five to 20% till December this year for around 40% of its employees as cash flow continues to be adversely affected due to the coronavirus pandemic.<\/p>\n<p>The full-service carrier has more than 4,000 employees on its payroll.<\/p>\n<p>&#8220;About 60% of our employees are not impacted by the pay cut,&#8221; a Vistara spokesperson said.<\/p>\n<p>Vistara CEO Leslie Thng told employees in an email: &#8220;From 1st July, 2020, to 31st December, 2020, I will take a 20% pay cut and we will be implementing a monthly pay cut scheme for staff (except for pilots as follows): 1) 15% pay cut for staff in Level 5 and 4, 2) 10% pay cut for staff in Level 3 and 2, and licensed engineers in Level 1C, 3) 5% pay cut for staff in Level 1 with monthly CTC equal or more than \u20b950,000.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI : Vistara on Tuesday announced a pay cut between five to 20% till December this year for around 40% of its employees as cash flow continues to be adversely affected due to the coronavirus pandemic. The full-service carrier has more than 4,000 employees on its payroll. &#8220;About 60% of our employees are not impacted by the pay cut,&#8221; a Vistara spokesperson said. Vistara CEO Leslie Thng told employees in an email: &#8220;From 1st July, 2020, to 31st December, 2020, I will take a 20% pay cut and we will be implementing a monthly pay cut scheme for staff [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-360442","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/360442","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=360442"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/360442\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=360442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=360442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=360442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}