MUMBAI: With the grounding of Jet Airways leaving tens of hundreds of trained staff up for grabs, there can be a short-term salary correction in the industry, as there are not enough jobs in the market due to the supply glut, say headhunters. "Given the current situation, there are plenty of professionals willing to take a salary cut of up to 50% to grab a job. However, this will only be for the short-term as we see demand improving as the aviation sector is poised to grow further," Michael Page India director Mohit Bharti told PTI Monday. "There are definitely not enough jobs in the market now to absorb the influx of Jet employees in one go. In addition, the domestic aviation sector has historically been a talent-short market, so the current scenario will help bridge that gap to a large extent, he pointed out.

Source: Mint April 29, 2019 13:30 UTC