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Aimed at ensuring a smooth buyout of Air Sahara by Jet Airways, Sahara Group chairman Subrata Roy on Thursday assured full job protection, along with emoluments and perks, to the employees who do not find a place with the new owners.
"If the employees find it difficult to work under the new management, Sahara India Pariwar, in the spirit of true Pariwar (family) shall be responsive to any of their genuine difficulties and would take all steps... to mitigate their difficulties," Roy said in an internal communication to Air Sahara employees within hours of Jet striking a deal to acquire his company for $500 million.
"All the pilots, co-pilots and other engineering/technical staff shall continue with Sahara Airlines Ltd since they possess industry specific skill set... they are unlikely to have any difficulty in continuing with their current job."
Other workers in the aviation business would be taken over by the group on the same terms, conditions and rank before the induction of the new management, Roy said.
The Sahara group said it believed that none of its workers should feel insecure about their jobs and offered to put employees, who wanted to pursue a career in the aviation industry, back on assignment to Sahara Airline Ltd.
However, any employee who is unsatisfied with the service conditions offered by the new management could apply for re-employment with Sahara Group within the next three months, Roy said.
The communication also said that it had been decided that in any case a worker continues with an entity of Sahara India Pariwar then the average monthly allowances (calculated on the basis of such allowances availed by them during the last six months) will be paid to them as additional special allowance on a monthly basis.
"Sahara India Pariwar shall be creating separate dedicated team for addressing the genuine difficulties of the workers arising out of the change in management and the workers would be free to forward their grievances to the said team," Roy said in the communication.
The Sahara group has diversified interests ranging from para-banking to mutual funds to media and entertainment to housing.