NEW DELHI: Vistara, a joint venture between Tata Sons and Singapore Airlines, on Tuesday said its chief executive Leslie Thng will take a 20% monthly pay cut between 1 July and 31 December due to the ongoing covid-19 pandemic that has hit airline operations.<\/p>\n
\u201cThe rest of Vistara’s senior staff including members of the management will take a 15% pay cut every month, while those in mid to junior-mid levels will take 10% pay cut in this period. Employees at the junior level (those with monthly CTC equal to or more than INR 50,000) will be affected by a 5% monthly pay cut. About 60% of our employees are not impacted by the pay cut,” a Vistara spokesperson said.<\/p>\n
The scheme does not apply to pilots as their base flying allowance was reduced to 20 hours from 70 hours in May, and this continues till December, the spokesperson added.<\/p>\n","protected":false},"excerpt":{"rendered":"
NEW DELHI: Vistara, a joint venture between Tata Sons and Singapore Airlines, on Tuesday said its chief executive Leslie Thng will take a 20% monthly pay cut between 1 July and 31 December due to the ongoing covid-19 pandemic that has hit airline operations. \u201cThe rest of Vistara’s senior staff including members of the management will take a 15% pay cut every month, while those in mid to junior-mid levels will take 10% pay cut in this period. Employees at the junior level (those with monthly CTC equal to or more than INR 50,000) will be affected by a 5% […]<\/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-360458","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\/360458","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=360458"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/360458\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=360458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=360458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=360458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}