NEW DELHI: TV9 has announced a pay hike for all employees who joined the organisation on or before 30 September 2019. The announcement was made in an internal email by TV9 Network CEO Barun Das a few days ago.
“We are announcing flat percentage increase , based on salary slabs, because we didn’t believe it was prudent to differentiate, given that all of us have worked as one: one network, one team,” Das wrote.
The increment will be in retrospective effect from April 2020. TV9 will also be conducting an annual appraisal in March 2021
“Through the pandemic, we have continued resolutely on our mission of keeping our viewers informed and armed with the best possible news and views to help them deal with this crisis--often at risk to our own well-being. So, please accept my deep appreciation of your hard work and commitment,” said Das, adding that arrears will also be released before Diwali.
The media network’s move comes close on the heels of other news groups rolling back pay cuts and releasing arrears on the back of gradual recovery and return of advertisement revenue. Top media companies had resorted to temporarily slashing salaries and laying off employees to survive the Covid2019 pandemic, but TV9 had refrained from doing so.