Tatas working on new business structure for Air India Express
Mint. “The low-cost airline is streamlining its business verticals and bringing in pay parity between the workforce of the two erstwhile airlines," one of the people cited above said. Last week, the airline harmonized and rolled out new grades, compensation, and benefits across the organization, enabling greater transparency and career progression opportunities for all employees.
The airline said that the new pay compensation structure is aligned with the recently rolled out structure and grades at Air India. An industry executive told Mint that the merged entity, awaiting final regulatory approvals from Competition Commission of India, is also establishing a linear structure under chief executive officer Aloke Singh. The new compensation for Air India Express and AIX Connect is also aimed at attracting and retaining the best talent across functions at the airline with a pay structure which is more market-linked and more competitive.
“The Air India Express employees had a legacy compensation structure and that is now getting restructured. The new compensation structure that will match the salaries of the two airlines will get rolled out within the next few weeks," the executive added. “In some areas, the benefits of the Tata airline were more, while the overall compensation for Air Asia workforce had been higher.
The new structure will bring in the parity," a second executive added. The changes in the low cost airlines come within months of salary restructuring of the merged entity of full cost carrier Air India and Vistara airlines. While the Tata Group unveiled new logo and livery of Air India in early August, the conglomerate is also working to introduce a fresh brand identity of Air India Express by late September to
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