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Bajaj Auto-: Impact of Current Pandemic On Human Resource
Bajaj Auto-: Impact of Current Pandemic On Human Resource
OF
ORGANISATIONAL BEHAVIOUR
ON
BAJAJ AUTO-
IMPACT OF CURRENT PANDEMIC ON HUMAN RESOURCE
BY
SUBMITTED TO
MR.GAGAN GULATI
ASSISTANT PROFESSOR
Due to the imposition of the lockdown on Marsh 25, which is now extended to May
3,production is suspended so, the company has decided to cut the salary to 10% instead of
taking steps like layoff and job freeze .
CHANGE IN HR POLICY
There is no such change in HR policy. Bajaj Auto has decided to cut salaries of their
employees in order to tide over the coronavirus crisis. Bajaj Auto has said that it is not
looking to lay off employees but is opting for pay reduction instead.
Bajaj Auto management has proposed salary cut for all employees with its MD Rajiv Bajaj
himself to take 100 per cent pay cut for the extended lockdown period till May 3. According
to a letter sent by the company's HR department to employees, there is need to bring down
fixed cost in the wake of the lockdown due to coranvirus pandemic, hence the deductions
needed.
Bajaj Auto workers union has agreed for a 10 per cent pay cut for the second phase of the
lockdown period, if production does not resume from April 21.
"We have given our consent to the management for a 10 per cent cut as we are fully aware of
the situation the company and the country is going through," a union representative told.
BIBLIOGRAPHY