Digicel asks employees to take pay cut

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Digicel has asked all employees, including managers, to take a temporary salary reduction due to the financial losses caused by the COVID-19 pandemic.

“Managers at the highest salary tiers will get a 20 per cent cut, while employees at lower salary tiers will be asked to take a five percent reduction. The chairman and all non-executive directors will waive their entire salaries for the first quarter of the fiscal year,” Digicel confirmed in a statement on Thursday night.

It said staff on an annual salary of US$10,000 or less will not be affected by the decision.

The salary cuts will take effect from May 1 and will last for the next 11 months.

“Given the dire economic situation that the world has begun to experience, this measure is necessary in order to keep as many people as possible employed at Digicel, as well as to ensure company continuity,” the company stated.

Digicel T&T chief executive officer Jabbor Kayumov announced the decision to staff. (Trinidad Express)

2 COMMENTS

  1. The management team should be the first to take a paycut. Most of the subordinate staffs are making for under $600 and $500. I hope that they’re not asking them to to take a paycut to with the cost of living in Antigua and Barbuda so high and keep going higher and higher.

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