Air India increased the salary of employees by Rs 15000, announced an annual bonus of Rs 180000

New Delhi. The salary of Air India employees has been increased for the first time after two years of coming below the management of Tata Group. Apart from this, the airline has additionally began the system of annual goal efficiency bonus for pilots.

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Sources stated on Thursday that the determination of salary hike can be efficient from April 1, 2024, whereas bonus can also be being given to the employees on the foundation of efficiency in the monetary 12 months 2023-24. The firm has increased the salary by as much as Rs 15000. Along with this, an annual bonus of as much as Rs 1.8 lakh can be given which can be primarily based on the efficiency of the worker.

According to sources, Air India’s Chief Human Resources Officer Ravindra Kumar GP announced salary hike and efficiency bonus to the employees. The airline has round 18,000 employees. However, it was not instantly recognized what was the extent of this salary hike.

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This is the first salary hike for Air India employees after the management of Air India handed from the authorities to the Tata Group in January 2022. Last 12 months, solely the work of contract restructuring and compensation of previous employees was accomplished.

Sources stated that aside from the salary hike scheduled for FY 2023-24, the airline has additionally launched a element of annual goal efficiency bonus for its pilots primarily based on firm and particular person efficiency which can be efficient from FY 2024-25.

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