MACL cuts down on employee wages amid COVID-19 crisis

Maldives Airports Company Limited has announced that some employees of the company may be subjected to wage cuts during the next month as the company struggles to keep operations running amidst the COVID-19 pandemic.

MACL has seen many of its operations and incomes dry up.

Finance Ministry had recently announced changes to the wages of employees working in some state-owned enterprises in order to reduce the economic impact of COVID-19 felt across the country.

A circular issued to MACL staff, the company stated that discussions were underway to amend the salary structure for some employees of the company following the instructions of the Ministry.

The company stated that it did not wish to do so and had refrained from doing so until now.

“However, this is a crisis faced by the whole nation that has resulted in the limitation of operations to an extreme level which has had a massive financial impact on the company.” Read a statement by the company.

The company was also discussing means with the government on how to limit the impact on the wages and allowances of its employees. The latest decisions will be shared with employees as quickly as possible, read a statement by the company which also requested employees to reduce expenditure and be prepared for any difficulties that may arise.