News: AAI raises bond to Rs 5 lakh for mid-level executives

Compensation & Benefits

AAI raises bond to Rs 5 lakh for mid-level executives

Faced with high attrition in its key areas of air traffic management, a harried Airports Authority of India (AAI) has decided to make new recruits sign up to Rs 5-lakh bonds to stem exodus of mid-level executives, PTI reported.  

Faced with high attrition in its key areas of air traffic management, a harried Airports Authority of India (AAI) has decided to make new recruits sign up to Rs 5-lakh bonds to stem exodus of mid-level executives, PTI reported.  

According to a circular, the AAI has decided to make it mandatory for the new executives from two crucial areas - air traffic management (ATM) and communication, navigation and surveillance (CNS) - to sign a bond of up to Rs 5 lakh while joining the Government organisation which they will have to shell out if they leave the job after one year.

Read the full report here

Read full story

Topics: Compensation & Benefits, #National, #TotalRewards

Did you find this story helpful?

Author


QUICK POLL

How do you envision AI transforming your work?

Be Heard: Share Your Feedback and Recommend Our Content!

01
10
Selected Score :