The decision to withdraw their stance comes after a vote was held among the members of the two unions where almost 80 percent voted in favour of signing the new wage agreement. The unions will also withdraw the legal notice sent to Air India’s management terming the new employment contract as illegal.
Air India including Air India Express has around 3,000 pilots and close to 6,000 cabin crew on its payroll.
Musk denied that he dictated terms of the compensation package or attended any meetings at which the plan was discussed by the board, its compensation committee, or a working group that helped develop it.
When your company is growing, you are constrained to pay more, and so you should focus on return on investment while recruiting.
In an interview with CNBC-TV18, Jay Panda of Biju Janata Dal, spoke about whether the Orissa government would consider improving its compensation package.