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India’s largest motorcycle exporter and top two-wheeler maker, Bajaj Auto Limited has reversed the company’s decision to opt for an organization-wide pay cut for April 2020. Now Bajaj Auto has secured full payment to its employees for the closing period. Bajaj Auto had agreed to a 10 percent wage cut across the board to conserve cash after all business activities stopped due to the announced national blockade to combat the COVID-19 pandemic.
Also read: Bajaj Auto workers agree to a 10% pay cut
According to a media report, which quotes an internal letter from the company’s human resources department, Bajaj Auto has decided to reverse the voluntary pay cut for the period from April 15 to 30, 2020. The letter cited by the report indicates that Bajaj Auto tries to take into account the interests of its employees and contract workers, before coming to support society in general. Bajaj Auto has yet to respond to an official carandbike inquiry about the decision to reverse the pay cut.
“We are required to insure ourselves first; while we can help you, not a single child of the last contract worker should sleep hungry on our watch. Therefore, we have concluded that everyone, including all of the labor hired by us. Will be paid his full salary for April 2020. We will review this issue in late May in the light of the positive impact of the anticipated progressive unlocking implementation on our business, “the letter quoted. The report.
Also read: Bajaj Auto to reopen Aurangabad and Rudrapur plants
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Auto companies in India reported no national sales in April 2020, after a national blockade to combat the COVID-19 pandemic forced manufacturing plants to close for more than 40 days. With the lockout measures to be phased out starting May 4, 2020, automakers are gradually preparing to resume operations and production, with specific measures of social distancing and employee safety.
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