PIA employees face 50 per cent pay cut
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Pakistan International Airlines (PIA) has slashed the salaries of its employees by 50 per cent in the wake of financial losses due to the coronavirus.
According to the details, salaries of all the employees have been reduced by 50 per cent as the national flag carrier is not left with enough money to pay full salaries to its staffers.
The COVID-19 pandemic is having an enormous impact on the aviation industry, affecting passenger traffic, air cargo demand, airport workforce and incoming revenues.
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Last month, the PIA management decided that higher cadres of the national airline must temporarily have to bear while the lower pay scale and daily wage employees are left to survive within the meager salaries.
It is worth mentioning here that PIA has not laid off any employee on humanitarian grounds like other global airlines, which was otherwise an easy choice. However, it is emphasized by the PIA management that these deductions are not permanent rather are subject to the revenue earning and financial state of the company amid COVID-19 pandemic.
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