Some Indian Startups Starts Restoring The Salary of Employees After Pay Cuts

Now that some businesses are up and running after facing a huge loss due to the lockdown caused by the coronavirus pandemic, the companies are starting to restore the salaries of their employees, which they believe is the right thing to do considering every one of us is going through the same financial issues.

Indian startups like Zomato, UpGrad, Grofers, Ixigo have already taken this step to ensure the fair treatment at their office. Apart from the individual economy of these companies, the economy of our entire country is also starting to repair after the coronavirus pandemic that hit the world.

The danger of the virus is still out there, therefore the economy is not getting recovered totally since there are still restrictions and government protocols that need to be followed. However, gradually we are making progress which is pretty visible.

The co-founder of Grofers, Albinder Dhindsa said, “We had (earlier) been conservative because of the uncertainty in operations… That seems to be stable now, so we reinstated salaries from July 1.

Agreeing to which, the Chief Executive of Ixigo, Aloke Bajpai said, “What we saw when the lockdown eased, and flights began to resume, initially there was pent up demand, and more than we anticipated. But as it began to settle, we saw demand would not go south of a particular level…From July, we decided to bring back salaries to the February level.”

Other startups and companies have also agreed on the same and share the same thought that the pay cuts should be restored now.