Streamlining ops: Air India offers VRS, 3K staff eligible
In an effort to bring efficiency in its function, Indian Air owned by the Tata group has announced the Voluntary Pension Scheme (VRS) for permanent employees, who have completed 55 years or 20 years of sustainable service with airlines. This step will help the airline release around 3,000 employees.
In addition, for some cabin crew, cleric staff and not skilled, VRS’s feasibility age has been relaxed from 55 years to 40 years. “The number of ex-Gratia will also be given to the employees mentioned above, who submitted a request for voluntary retirement from June 1, 2022 to 31 July 2022 as a benefit once,” according to an order signed by the Head of the Indian Air Human Resources Suresh Dutt Tripathi dated 1 June. However, there are no such provisions for pilots, and along with the development of airlines, there are needs that are increasingly needed for pilots. On Monday, Air India said that he had invited applications from its employees until the age of 40 had the support of Airbus A320 at this time for the position of senior training co-pilot.
“Furthermore, employees who apply for voluntary retirement between June 1 and 30 June 2022, will also receive additional incentives above and above the number of ex-Gratia,” the order said.The order added that the VRS had been offered to Permanent India Air employees in accordance with “applicable service regulations/fixed orders from Air India”. According to the condition of investment release, the Tata group cannot display Air India employees for a period of one year from the date of the transaction closing, and can offer VR in the second year. Air India has 12,085 employees – 8,084 permanent and 4,001 contracts. In addition, low -cost arms, India Express Air has 1,434. In October, the government said around 5,000 permanent employees were expected to retire for 5 years.
The airline, under the control of the government, has tried to offer VR since more than a decade, but with a marginal-to-success success. In 2011, when the annual wage bill was approximately 3,600 Crore RS, a group of ministers led by the late Pranab Mukherjee had asked to offer an attractive VR, which was partly funded by the government. Although the plan never saw the light of the day, he was aimed at releasing at least 4,000 staff from the company’s scroll, at a cost up to RS 400 Crore.
In 2009, when the airline tried to cut the staff wage bills, they had to face an attack for a week from the pilot, land staff and other workers. The 2011 plan was finally approved in July 2012, as part of all the permanent staff who until then served for 15 years or had reached the age of 40 years must be given the VRS option. However, it was suspended by the government in January 2014, quoting a high level of friction and its ignorance to provide funds that are committed to the air of India.Three years later, in 2017, the India Air report compiled another VR planned to offer voluntary purchases to more than one third of 40,000 employees reappear.
