Today news
The same in other media
Shared sense of loss helps staff accept paycuts during crisis
Reading now: 701
MUMBAI: Like most employees in corporate India, Deepak Pandit was eagerly awaiting his appraisal in March. Pandit, 31, who works with an MNC in the infrastructure sector, had been told he’d get a promotion and an increment.
Then the novel coronavirus hit India, and a nationwide lockdown was announced. He’s got neither promotion nor raise and has instead taken a pay cut.
He’s disappointed, but not resentful, says Pandit. “It’s clear that with everything closed, the company hasn’t earned any revenues for weeks.
Even after the lockdown is lifted, we won’t be able to meet this year’s targets," says Gurugram-based Pandit, a mid-level manager who has taken a 10% pay cut.
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
COVID-19
United States
|
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
|
India
|
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
|
Brazil
|
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
|
United Kingdom
|
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
|
Russia
|
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
|