Deccan Chronicle announces salary cuts for FY20–21, freezes promotions
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The Deccan Chronicle, a daily broadsheet published from Secunderabad, Telangana, has been struggle for few years now. Last year, the holding company, shut down DC’s sister publication Financial Chronicle. Earlier this year, DC shut down multiple editions and suspend print editions of its Telegu publication Andhra Bhoomi on 23 March.
Salaries at DC have not been paid since the month of January 2020 for older employees while for newer employees salaries are pending since April 2020. The following email was sent to employees of DC between 22 July 2020 and 28 July 2020. The employees union has called the move illegal.
To
XXXXXX
The Industrial Disputes (Central) Rules — FORM E
(See Rule 34)
Notice of change of service conditions proposed by an employer
Name of employer: DECCAN CHRONICLE HOLDINGS LIMITED
Address: 36, SAROJINI DEVI ROAD, SECUNDERABAD 500003, TELANGANA STATE,
Date: 22nd day of July, 2020
In accordance with Section 9-A of the Industrial Disputes Act, 1947, We hereby give notice to all concerned that it is our intention to eggect the changes specified in the annexure, with eggect fom 31st August, 2020 in the conditions of the service applicable to workmen / employees at our offices / press situated in Secunderabad / Hyderabad in respect of the matters specified in the Fourth Schedule of the said Act.
General Manager — Accounts, Admin & HR
Copy to:-
- The General Secretary, Deccan Chronicle Employees Union. Regd. №234/1952 (Affiliated to NTUC, No. IV/1457), 36 Sarojni Devi Road, Secunderabad — 500003,
- The Regional Labour Commissioner Near SBH, Office ATI Campus, Vidyanagar, Hyderabad — 500044
- The Chief Labour Commissioner, Office of the Chief Labour Commissioner, Shram Shakti Bhawan, New Delhi — 110001
— — — — — — — — — — — — — — —
ANNEXURE
In view of the ever increasing financial and operational challenges that the company has been going through coupled with continuing serious impact of COVID-19, it has been decided by the Company that the reduction of wages / salaries has become an exigency now and accordingly a reduction of 20% on the Gross Salary has been done, subject to a minimum Gross salary of Rs 20,000/-per month, effective 31 August, 2020 upto 31st March, 2021.
Further, there will not be any upgradations / promotions and pay revisions till 31st March 2021.
However, the settlement of retirement benefits, if any, till 31st March, 2021 will not be altered and the same will be calculated on the basis of existing salaries / wages prior to 31 st August 2021.
For Deccan Chronicle Holdings Limited
General Manager — Accounts, Admin & HR
