Monday, November 24, 2008

Salary cut for Jet bosses

India’s number 1 private airlines, Jet Airways, has asked its top management people to take a 25% cut in salary to help the company to overcome the decline in business. The management has also proposed a 10% salary cut for the pilots and engineers too. The employees earning less than Rs 75, 000 per month would not get affected in the earnings. The employees earning less than Rs 5 lakh will face a 5% salary cut and the employees earning more than Rs 5 lakh will face 10% salary cut. But the pilots has opposed the proposal and telling the management to cut the salary for other line of the Jet Airways.

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