Team Blitz India
NEW DELHI: Troubled edtech major Bjyu’s has paid partial salaries to employees for March, sources told Businessline.
This comes weeks after the company had announced the clearing of salary dues after delaying salary payments for March and paying part salaries for February.
“The company has started making salary payments in the range of 100 to 50 per cent to all employees. Teachers and lower salary grade staff have been paid in full while the rest, including senior management, have received at least 50 per cent of their dues for March,” the sources said.
The company’s monthly salary burn is around Rs 45-50 crore, the sources noted. The teachers and teaching support staff are the backbone for Byju’s and hence their salaries are paid in priority, the sources added.
