Log has written
THURSDAY, MAY 24, 2012

Mumbai: Moving quietly, private air-carrier Kingfisher Airlines has effected a Rs80,000 cut in the salaries of its pilots.

“Earlier, we were being paid a salary of Rs430,000 per month. Now it has been cut to Rs350,000, all in the name of integration (with the erstwhile Deccan),” a Kingfisher pilot said.

The salary package is mainly based on the flying hours of about 70 hours, he said, adding that “the whole package has been revised downwards in the name of bringing parity with the erstwhile Deccan pilots”.

Kingfisher’s management, while slashing the salaries, has taken the defence that it was only implementing the “Deccan-Kingfisher package structure in Kingfisher post-merger”, the pilot said.

The pay cut, effective for sometime now, is understood to have given rise to resentment and heartburn in Kingfisher’s pilot community.

A spokesperson of the Vijay Mallya-led airline confirmed the pay cuts but said it was the result of a move “towards a productivity-linked compensation structure, which is the international norm”.

Tags - Find More Articles On:
READ MORE ARTICLES BY:
blog comments powered by Disqus
Parliament over, action begins
Steep rise in petrol prices is curtain raiser for further tough measures to be taken by UPA government
Service tax trouble for BCCI
The service tax department believes the Board of Control for Cricket in India (BCCI) owes it Rs 368
Mentally ill struggle with homelessness
With care centres virtually non-existent and family networks breaking down, streets are becoming the...
Lilliput working on debt recast plan
The New Delhi-based company has already started consolidating its business as part of measures to cut...
Call rise for govt to do more to stem Rs slide
Rupee ends at 56.00 to the dollar, down 1.1%, the third consecutive day on which it closed at a record...