ISLAMABAD: The board of directors of Pakistan International Airlines (PIA) has approved a 15 hike in the salary of the employees, a move which will align their pay grades with the intensifying inflation in the country.
This is a great relief for PIA employees as they have been working without pay increases since 2019, even though the last increment was introduced four years ago.
Since then, soaring inflation has taken a toll on employees, making it challenging for them to manage their daily expenses. The salary revision aims to retain experienced staff and prevent a talent drain from the organization, which has already witnessed a steady decline in its workforce over the years, with the total number of employees now reduced to less than 7,000.
The issue of salary revision had been pending for a long time, with repeated requests made to the Privatization Commission and the financial adviser for approval.
However, the recent decision marks a major step towards addressing employees’ financial concerns while ensuring PIA maintains an efficient and experienced workforce.
The 15% salary increase is a cadre-wise change, which means that employees will receive a raise based on their respective cadres. This move is expected to boost employee morale and motivation, which is essential for the airline’s overall performance.
With this decision, PIA is taking a positive step towards recognizing the value of its employees and investing in their well-being, which will ultimately benefit the organization as a whole.
