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ARY to slash staff salaries for three months
JournalismPakistan.com | Published: 3 May 2020
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ARY Digital Network will reduce staff salaries for three months as a response to financial difficulties stemming from the pandemic. Those earning up to Rs100,000 will be exempt from this cut.Summary
ISLAMABAD—ARY Digital Network has decided to cut staff salaries for three months to cope with the current financial crisis, rising from the impact of the COVID-19 pandemic.
However, staffers drawing up to Rs100,000 will not be affected by the decision.
An office circular seen by JournalismPakistan.com, said: "These reductions in salaries are implemented for a limited period of three months after which the management will review the above decision."
The decision comes into effect from March 2020.
DawnNews Television has also slashed staff salaries by 10 percent.
Pakistani journalists have faced layoffs, pay cuts, and delay in payment of salaries since 2018.
Key Points
- Salary cuts will apply for three months starting March 2020.
- Staff earning up to Rs100,000 are not affected by the cut.
- Other media organizations, like DawnNews, have also implemented salary reductions.
- The decision aims to cope with the financial impact of the COVID-19 pandemic.
- Journalists in Pakistan have faced various financial challenges since 2018.
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