Money
Natta slams Caan’s bonus plan
The Nepal Association of Tour and Travel Agents (Natta) said its serious attention had been drawn to the Civil Aviation Authority of Nepal’s (Caan) plan to distribute Rs530 million as bonus to its employees as the money was collected from taxpayers.The Nepal Association of Tour and Travel Agents (Natta) said its serious attention had been drawn to the Civil Aviation Authority of Nepal’s (Caan) plan to distribute Rs530 million as bonus to its employees as the money was collected from taxpayers.
The umbrella organization of tour and travel agents said in a press statement that TIA had been collecting passenger service charge and airport development tax from travellers to develop its infrastructure.
“The move to distribute bonuses goes against this objective, and it cannot distribute the money collected from passengers as a reward to its employees,” Natta said. After getting the Caan board’s go-ahead, the management has sent the proposal to the Tourism Ministry to obtain permission from the Finance Ministry to pay out bonuses from the profits earned during the fiscal years 2011-12 to 2014-15.
The bonus announcement has come at a time when the efficiency of Nepal’s aviation infrastructure and manpower has been widely questioned at national and international levels due to lack of investment and training facilities.
According to Tourism Ministry officials, Caan has proposed to distribute 30 percent of the bonus to its employees and deposit the remaining 70 percent into the employee welfare fund. This money will eventually be paid to them as gratuity when they retire. (PR)