MEDIA HOUSES REDUCE SALARIES OF EMPLOYEES DUE TO COVID-19
As different sectors and companies continue to forge a way forward and survival means in the current COVID-19 lockdown, East African well known Media Houses have resorted to a reduction of salaries of their employees.
Kenyan based Nation Media group one of the media houses in Kenya deducted kshs. 50,000/= from the gross pay of every employee. In addition, later the Ugandan Government-owned media company, the Vision Group, however, issued the percentage deductions as follows;
- 60% for employees that earn 19 Million and above
- 45% for employees earning 8-19 Million
- And 40% for employees earning below 8 million.
In an internal memo dated 30th/April/2020 issued in general to all employees of the Vision Group. The CEO expressed his gratitude to all employees for cooperating with all the measures that the media house instituted to deal with the public health situation that was presented by COVID-19. He, however, expressed how the business has been affected negatively by the response to COVID-19 pandemic in a more severe manner than could have been foreseen regardless of the appreciation of the public.
He further emphasized that the salary reduction measure will be effected starting May and other measures will still be discussed and employees will be informed of any other new measure that will come on board.
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Slightly different from the Vision Group, the Kenyan Nation Media Group one of the top media houses informed its staff how its in arrangements of restructuring the Company’s SACCO loans in order to cushion them in these difficult circumstances.
This leaves employees of other media houses like Next Media in shock. In addition, and prayer so as their salaries and not tampered with as companies initiate cost-saving interventions.
Remember these companies first downsized their staff as a move to decongest the offices. In addition, and studios but also to fit the number of movement permits that were given out by the ministry of transport.
Story compiled by Frank M