Vistara News : Airline company Vistara on Monday announced a Voluntary Retirement Scheme (VRS) for its permanent ground staff before its merger with Air India. Voluntary Separation Scheme (VSS) has also been announced. Let us tell you that earlier Air India had also announced a similar scheme for its permanent ground staff.

What is the detail

In a message sent to its employees, Vistara said that the VRS scheme is for those employees who have completed five years of service in the company. At the same time, VSS has been offered to employees with less than five years of service in the airline. This step has been taken before the merger with Vistara. However, detailed information has not been given about this. Let us tell you that two and a half years ago, the Tata Group took over Air India in January 2022.

What did Air India do?

Let us tell you that before Vistara, Air India had also said in a message sent to its ground staff, "We are announcing a Voluntary Retirement Scheme (VRS) for employees with at least five years of continuous service in Air India and a Voluntary Separation Scheme (VSS) for employees with less service than this." Air India had said that the window to participate in both these schemes will remain open till August 16. The airline said that the "acceptance" and "release date" of applications will be decided by the management. Let us tell you that VSS is a scheme or proposal in which the employer asks the employee to voluntarily resign without any layoff and also gives him appropriate compensation.

Impact on 600 employees!

Let us tell you that recently there was news that the merger of Air India and Vistara may affect about 600 employees of both the airlines. However, efforts will be made to provide them employment in other units within the Tata Group and Air India Group. Quoting sources, PTI Bhasha had said that efforts will be made to employ these employees affected by the merger process in other companies of Tata Group along with Air India. A voluntary separation scheme package will be brought for employees who are unable to be accommodated in any group. According to sources, the merger process is expected to be completed by the end of September or early October. Only when this process is completed, the exact number of affected employees will be known. Let us tell you that the Tata Group took over Air India in January 2022.