Amid the coronavirus pandemic, staff at the Wafi Group is accepting temporary pay cuts, which are starting from 25 per cent.
Over 4,000 members of staff have been impacted by the scaled salary adjustments, which are scheduled to last until the end of June, in light of the current coronavirus pandemic.
The company’s flagship Wafi Mall has been closed as per national guidelines to guard against the spread of Covid-19, while the remainder of the business, which includes entities in hospitality, property, transport and the industrial sectors, is working on reduced hours.
Abdullah Ibrahim, director – admin, HR & local affairs, Wafi Group, told Arabian Business: “To further limit the spread of the virus, we have implemented reduced working weeks and staff have been encouraged to take accrued annual leave. A salary adjustment structure has been put in place for a percentage reduction on basic salaries, allowances remain untouched.”
