NDTV ends pay cuts for all employees

Posted in:

New Delhi Television Limited (NDTV) in a BSE filing stated that the company had ended pay cuts for all employees that was introduced on April 1, 2020 as measure on account of the economic uncertainty caused by the pandemic.

NDTV had imposed a pay cut of 10-40% on a graded scale based on different salary slabs with employees earning Rs 50,000 per month or less exempt from the pay cut.

The company had reversed the pay cuts ranging up to 20% on August 1, 2020. NDTV has now after a careful review ended the pay cuts for all employees who were impacted by the 20-40% cut. The pay cuts have been reversed effective October 1, 2020, with arrears for the month of October to be paid before Diwali.

The company further expressed its gratitude to all its employees for their unwavering support and thanked its senior staff for ensuring that the junior employees were protected during the pandemic.

DreamDTH is the source for breaking news and exclusive updates in DTH and Television industry! For the latest news and updates, follow us on Twitter, Google News, Telegram and Facebook. For the latest videos updates, subscribe to our YouTube channel.

Avatar of Basil Kannagi Arasu
Basil Kannagi Arasu

Editor-in-chief

Basil currently works as the Editor-in-chief at DreamDTH. He likes to write and cover the latest happenings in the Media and Entertainment Industry in India. You can always find him browsing his phone.

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Visit our forums

Join the discussions with thousands of active members who share the same interests as you and learn something new...