Bigger salary cuts for SIA's management, compulsory no-pay leave to be rolled out for staff

With the airline industry flying into heavy turbulence, Singapore Airlines is initiating deeper pay cuts for its management team, while introducing compulsory no pay leave on certain days each month for pilots, executives and associates., chief executive Goh Choon Phong will now be taking a salary cut of 30 per cent from April 1, up from 15 per cent previously. Executive vice-presidents and senior vice-presidents will take cuts of 25 per cent and 20 per cent respectively.

And from May 1, salary cuts for divisional vice-presidents and VPs will go up to 12 per cent, while an earlier pay cut of five per cent for senior managers and managers is being brought forward by a month to April 1, before increasing to 10 per cent from May 1. "We have also reached agreements with our unions for a set of cost-cutting measures," Mr Goh told staff in the internal memo seen by BT."These include voluntary no-pay leave for all staff up to DVPs, varying days of compulsory no-pay leave each month for pilots, executives and associates, as well as furlough for staff on re-employment contracts." All in, about 10,000 staff will be affected by this.

The airline industry has been hit hard as countries around the world tighten their borders to arrest the spread of the Covid-19 pandemic. In Singapore, the authorities will close the border to tourists and transit traffic from 11.59pm on Monday.

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