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KQ boss, managers in further pay cut in wake of coronavirus pandemic

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Kenya Airways (KQ) has announced further pay cut for the chief executive and top management team beginning April 1, two days after a similar directive over the coronavirus pandemic.

In a statemen by Airline’s Chief Executive Allan Kilavuka on Saturday, he (Kilavuka) and top managers will take a 80 per cent and 75 per cent pay cuts respectively to cushion the firm from further losses in the wake of the coronavirus pandemic.“My communication on March 17 regarding the 25 per cent pay cut for the Leadership Team and 35 per cent for myself has been superseded as the situation has evolved significantly,” said Kilavuka.

The CEO also announced unpaid leave for number of employees from April 1 until the situation changes for the better as the world battle the deadly virus.

Those to be affected include employees at grade H06 and above and those at grade H05 and below.“Beginning April 1, all employees at grade H06 and above will be on a week paid and three weeks’ unpaid leave while those at H05 and below will be on two weeks paid and two weeks’ unpaid leave.”

The airline also directed its employees not required at work to take annual leave with immediate effect while those required on duty will to operate on 25 per cent or 50 per cent pay depending on each staff’s grade.

“All employees who will not be required at work will take their annual leave with immediate effect, while those required on duty will be on 25 per cent or 50 percent pay subject to your grade.”

Kilavuka said the new measures were not punishments, but measures in response to the ongoing debacle and will change once the situation normalises and the firm is able to make profit in the near future.

According to the CEO, the measures were taken after consultation with various staff unions to cushion their employees against job losses.

“We have held discussions with the unions and have agreed in principle on how best to cushion our staff. Our engagements are still ongoing and will be concluded in the next few days,” he said.“These reductions will be considered as owed to you as an employee to be compensated at a future date when the company can afford to do so and upon return to profitability.”So far, there have been seven confirmed cases of the virus in Kenya.

Globally more than 11,000 people have succumbed to the novel coronavirus, even as many countries have shut down all but essential services.

The pandemic has hit the local aviation industry hard following the government ban on airlines flying in from countries that have reported coronavirus cases.The airline on Wednesday also said the board agreed to forego monthly fees and allowances with effect from April 1.

Others that will do with less cash in their bank accounts include the executive committee members, who have also agreed to take a 25 per cent pay cut from the same date.KQ also announced a reduction of flights on some routes to add to those suspended earlier.


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VIDEO: Optiven CEO opens up about growing up in abject poverty, doing laundry for fellow students

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George Wachiuri, the CEO of Optiven Limited, has opened up about a side of him few people know about. Despite having built a multi-billion Shilling Real Estate Company and becoming one of the most recognisable names in the field, Wachiuri has remained a humble servant, who says he views his customers as associates and greatly respects and values his work mates. 

In an interview with Jeremy Damaris of Kenya Diaspora Media, he tells of how he struggled, lost money and friends, before rebounding “by the grace of God.”

A Certified Public Accountant – CPA (K) and is a former Lecturer at Daystar University, his entrepreneurial spirit developed early, and was awarded the Entreprenuer of the year 1997 by the University of Nairobi.

He is currently a PhD candidate at the Jomo Kenyatta University of Agriculture and Technology.

He holds a Masters’s degree in Business Administration (University of Nairobi), and a Bachelor of Commerce (Marketing option) Degree from University of Nairobi.

Watch as he tells his amazing story in Gīkūyū


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Cry of a Kenyan man whose Multi-Million-Shilling Apartments have gone unoccupied for 4 Years

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A landlord in Kenya has been left counting losses after his real estate retirement plan goes down the drain.

85-year-old David Ndolo from Kitengela told the media that he had lost more than Ksh10 million in rent after his multimillion apartment block stayed unoccupied for 4 years.

Ndolo says he built the multi-million-shilling property in Kitengela, Kajiado County through his pension savings. Its construction was completed in 2014.

The building consists of five bedsitters and 19 two-bedroom houses, which should earn him a total of Sh250,000 per month.

“I have watched helplessly as my retirement investment crumbles,” he lamented.

According to neighbors, his tenants started fleeing due to sewer water suspected to be coming from an adjacent building linked to a retired government official.

Ndolo’s troubles began in 2014 when over 200 tenants occupied the adjacent building and sewer water started seeping into his apartments.

He says he reported the matter to the National Environmental Management Authority and public health officials but the authorities closed the building instead.

His daughter Roselyn Ndolo said that officials ordered the closure citing that the apartments were a health hazard.

When contacted by journalists, Kitengela Public Health Officer Benard Kiluva stated that he did not have enough information on the matter since he was recently posted to the area.

Kajiado NEMA Director Joseph Kopejo promised to visit the site to probe the matter.

Government officials say Many landlords in the country have been contravening these provisions by either discharging untreated effluent into a public sewer or discharging it into the environment without an effluent discharge license.

“According to Kenyan law, it is illegal for  any person from discharging any effluent from sewer treatment works, industry or other sources into the environment without a valid effluent discharge license issued by the authority,” said a NEMA official.

 


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Kenyans in Diaspora to get a free ride from the Airport courtesy of Certified Homes

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Your developer of choice Certified Homes Ltd is offering Kenyans working and living in the diaspora FREE ride from the airport to their destinations within Nairobi metropolitan.

Certified Homes Ltd is the first developer in Kenya specialising in affordable houses to offer all Kenyans in diaspora rides from the airport free of charge.

On arrival the diasporans will receive special gift hampers courtesy of Certified Homes Ltd.
Have a look at Sukari Heights comprising of Studio, 2 & 3 br plus SQ apartments starting from Ksh 2.7M located in the most exclusive Kahawa Sukari neighborhood.

 

To book your free ride;
Call/WhatsApp +254711128128
Email: diaspora@certifiedhomes.co.ke
www.certifiedhomes.co.ke


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Special Offer: Own one starting at Ksh 3.7M


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