This Diwali, TV9 Network announced increments for its employees across all levels with retrospective effect from April 2020. The network released the arrears before Diwali and is now preparing for an annual appraisal in March 2021, according to the sources.
“We are announcing flat percentage increase, based on salary slabs, because we didn’t believe it was prudent to differentiate, given that all of us have worked as one: one network, one team. All employees who joined the organisation on or before September 30, 2019, will be eligible for the increment,” Barun Das, CEO, TV9 Network, wrote in an internal email to the staff members.
At a time when most of the media houses were forced to cut salaries and lay off employees, TV9 network refrained from these measures despite the pressures.