alexa
Indianmoney.com Missed Call Number
 
Home News Jet Airways freezes salary hikes, introduces variable pay to cut costs

Read more interesting news from around the globe with Indianmoney App

Google Play
 
Get the Best Financial Advice on Credit CardClick Here
 
 
Jet Airways freezes salary hikes, introduces variable pay to cut costs

Jet Airways freezes salary hikes, introduces variable pay to cut costs

Friday, April 7, 2017, 4:37 PM

The financial year 2017 was tough on Jet Airways and reeling under losses, the company has now decided to freeze salary hikes expected by employees at the end of April-March fiscal for at least a quarter. According to the report, the airline is also introducing a 15-20 percent variable pay component for its top management to save cost on wages.
Read More

Learn to Save, Spend, Invest & Borrow Wisely with our Youtube Channel

Get It now!