Welcome Guest Login | Register | Site Map | | Make TelecomTiger my homepage     
Telecom News
Enterprise |  Policy & Regulation |  Mobiles & Tabs |  Corporate |  VAS |  People Movement  |  Technology  |  LTE
ZTE not to go ahead with salary cut in India-Report
TT Correspondent |  |  17 Oct 2012

Chinese leading telecom equipment maker ZTE has decided not go ahead with salary reductions in India after employees opposed the move, according to the Economic Times.

The firm had decided to go for salary reduction by 20% to reduce expenses in India since the company is running through tough times.

Last month in its board meeting ZTE had suggested 20 % reduction from salaries of the executives drawing monthly pay of more than Rs 1.5 lakh. For expat Chinese the pay cut is between 12-20%. 

According to the management of the firm, the employees themselves had consented to the pay cut to help the company sail through the tough times, but the employees said they were not in favour of the move.

 mail this article    print this article    Show and Post comment
17 Oct 2012(IST)  
Maintain Business Continuity with Cisco ASR 9000 nV Technology
It is a virtual chassis solution where a pair of ASR 9000 routers acts as a single device by maintaining a single contr...read more
Simplify Your Network with Cisco ASR 9000 nV Technology
With the new Cisco Network Virtualization (nV) technology in the Cisco ASR 9000 Series Aggregation Services Routers, se...read more
Cisco Small Cell Solution: Reduce Costs, Improve Coverage
It is designed to address the challenge of mobile service coverage and to expand network capacity...read more