The government issued an order authorising deduction in monthly basic pay of those not protecting dependents
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The Finance Ministry has asked IBA and unions to finalise wage hikes by 1 December 2023
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The company previously froze the salary hikes in the pandemic year of 2020 due to cash conservation
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The lower-than-expected rate of increments is mainly due to telcos taking the recovery route to pre-pandemic levels
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The decision to defer salaries has affected more than 500 employees amid the second cost-cutting move this year
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Angry workers have announced a three-day strike following a conflict over pay on 11th and 12the July, coinciding with the sale event
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The cash payout will be one of the biggest wealth reaction instances benefitting 25,000 current and former employees
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Permanent workers with GCC earn almost double per month as compared to temporary employees
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