India covid-19 crisis why India

Why some people don’t mind pay cuts

Reading now: 168
www.livemint.com

Unlike the previous recession, where sentiments ran high against management for salary and job cuts, employees seem to be more accommodating and understanding towards their employers this time Like most employees in corporate India, Deepak Pandit was eagerly awaiting his appraisal in March.

Pandit, 31, who works with a multinational, had been told he’d get a promotion and an increment. Then covid-19 hit India, and a nationwide lockdown was announced.

He’s got neither a promotion nor a raise and has instead taken a pay cut. He’s disappointed, but not resentful. “With everything closed, the company hasn’t earned any revenue for weeks.

Read more on livemint.com
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.

Related News

DMCA