Jet employees present 'value' hiring proposition for airlines but may get lower pay offers: Experts - News Summed Up

Jet employees present 'value' hiring proposition for airlines but may get lower pay offers: Experts


NEW DELHI: Thousands of employees at now-shuttered Jet Airways might be staring at an uncertain future but other airlines will see "value" in hiring such experienced people even though they might end up getting relatively lower pay packets, according to HR experts.Demand continues to outstrip talent supply in the Indian aviation sector, which is one of the fastest growing in the world.Cash-starved Jet Airways, which has been flying for nearly 26 years, has around 23,000 employees, including contractual staff. It announced a temporary suspension of operations on April 17.Experts observed that employees would have been under stress at the airline for a while, though quite a few would have been hopeful of a turnaround of the carrier. So, there is a consistent demand for talent in the aviation sector, he added. "In such a scenario, with Jet airways shutting down, most of the experienced employees of Jet are expected to be absorbed with the competition. Non-aviation specific employees are also expected to find a lot of demand for their skills in other sectors," SHRM India's Head of Advisory Services Nishith Upadhyaya said.SHRM is an HR grouping.On Friday, SpiceJet said it has hired more than 500 employees of Jet Airways, including 100 pilots, and open to inducting more such people.


Source: Economic Times April 21, 2019 05:26 UTC



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