Top Story

e4m_logo.png

Home >> Media - TV >> Article

Pay bonanza for Aaj Tak staffers<br>Management's attempt to counter poaching

06-March-2004
Font Size   16
Pay bonanza for Aaj Tak staffers<br>Management's attempt to counter poaching

Aaj Tak, that has been the worst victim of poaching in the recent months has given 'handsome rewards' to its staffers presumably to checkmate the designs of its rival channels.

The rewards in the form of hefty salary hikes, promotions and retention pay have come as a windfall for Aaj Tak's editorial staff. The salary hike is effective from April 2004 while the 'retention pay' will be payable annually upon the close of the financial year on March 31, 2005.

But if any staffer leaves the organisation, the management has a right to forfeit the retention pay. According to reliable sources in Aaj Tak, the salary hikes range from 50-100 percent.

Aaj Tak staffers were informed of this bonanza through a signed letterby channel's News Director, Q.W. Naqvi. The letter lauds the performance of the channel staffers and seeks their cooperation to maintain leadership position it in view of the challenges encountered by it in the face of stiff competition.

Naqvi confirmed to exchange4media that he had written a letter announcing salary hikes and retention pay but refused to spell out the quantum of salary hike and retention pay. He in fact underplayed the whole issue saying, "The revised remuneration offered to Aaj Tak staffers are normal increments as part of our annual appraisal of staffer's performance".

exchange4media made several attempts to contact Aaj Tak CEO G.Krishnan to get the 'bigger picture' of Aaj Tak's dole to its employees but he was not available for comment.

Tags

Vijay Mansukhani, speaks to exchange4media about the resurgence of Onida, the scope of growth of consumer electronics market in India and the reasons why Indian consumer electronics brands don’t compete on a global scale

Projjol Banerjea opens up about hiring Anne Macdonald and GroupM's Rob Norman, and the brand's new identity

Meera Iyer tells exchange4media that in FY 2016/17, bigbasket clocked a revenue of Rs 1,400 crore. The online supermarket currently stands at 70,000 orders a day, with operations in 25 cities.

CMO, Kashyap Vadapalli on the start-up’s marketing play, why it has decided to stay away from IPL and response to its furniture rental apps

Meanwhile Radio City and Radio Mirchi ruled Bangalore and Kolkata respectively

Pankaj Belwariar, who recently resigned from the post of Vice President Marketing at Sakal Media Group, has now joined Rajasthan Patrika as the Head of Marketing in North and East region.

A look at Vivo’s ad campaign with their all-new brand ambassador Aamir Khan, which has fetched them a whopping 21 million views on YouTube