Govt to offer golden handshake to around 3,000 PIA employees - News Summed Up

Govt to offer golden handshake to around 3,000 PIA employees


The cost of this voluntary separation is approximately Rs12.9 billion, which according to the Aviation Division will be recovered within two-and-a-half years. As per the Aviation Division, the summary for voluntary separation was approved by the prime minister in April 2019. Currently, PIA has 14,576 employees; 11,356 regular and contractual employees, with 3,220 positions outsourced. The Aviation Division claims that 4,505 of the staff is surplus, whereas the PIA management believes around 34pc of the regular and contractual employees are surplus. It is pertinent to mention that the Economic Coordination Committee (ECC) of the Cabinet had approved the Voluntary Separation Scheme (VSS) for the PIA employees on Monday.


Source: Pakistan Today November 17, 2020 14:26 UTC



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