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What do you think? Would you do it?
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Re: British Airways staff asked to work for free
It would depend on how long for,and if I could afford to work that period without pay. -
Re: British Airways staff asked to work for free
What a ting!
So di mortgage will pay itself?Comment
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Re: British Airways staff asked to work for free
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: neutral</div><div class="ubbcode-body"><span style="font-style: italic">It would depend on how long for,and if I could afford to work that period without pay. </span></div></div>Yes; it might be better to take a redundancy package and unemployment benefits or early retirement.Comment
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Re: British Airways staff asked to work for free
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Magix_de_PM</div><div class="ubbcode-body"><span style="font-style: italic">What a ting!
So di mortgage will pay itself? </span> </div></div>Someone made a similar comment on the BBC web site about the reaction of banks if borrowers asked them to forgo one month's mortgage payment to safeguard borrowers' solvability. LOLComment
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Re: British Airways staff asked to work for free
Yes, and I have been but only for 6 to 8 hours per week. The firm has been layoffs and senior employees, i.e. Partners, Principals, Senior Associates, etc. have taken a 10 - 15% decrease in salary. The 'indians' like myself were given a 5% pay cut even mail room workers. A lot of technical employees were also put on 3-day work week and they too have to work the extra hours for free. To top it off we were asked to work at least 20% hours more per pay period for free. Yesterday I worked from 7:45AM - 8 PM. Technical staff have been working 38 hours more for the two week period. I'd be willing to work a week or 2 without pay but the company would have to promise that if and when business takes a turn for the better that I would be paid for the period I worked the extra hours without pay. It's not easy out there - it's hard from where I sit and I am supposed to be working right now but I am idling on JA.COM for 30 minutes.Comment
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Re: British Airways staff asked to work for free
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: St_Bess</div><div class="ubbcode-body"><span style="font-style: italic">Yes, and I have been but only for 6 to 8 hours per week. The firm has been layoffs and senior employees, i.e. Partners, Principals, Senior Associates, etc. have taken a 10 - 15% decrease in salary. The 'indians' like myself were given a 5% pay cut even mail room workers. A lot of technical employees were also put on 3-day work week and they too have to work the extra hours for free. To top it off we were asked to work at least 20% hours more per pay period for free. Yesterday I worked from 7:45AM - 8 PM. Technical staff have been working 38 hours more for the two week period. I'd be willing to work a week or 2 without pay but the company would have to promise that if and when business takes a turn for the better that I would be paid for the period I worked the extra hours without pay. It's not easy out there - it's hard from where I sit and I am supposed to be working right now but I am idling on JA.COM for 30 minutes. </span></div></div>
That's madness.
Did your firm ask shareholders to forego their dividends as well?Comment
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Re: British Airways staff asked to work for free
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: BlackStar</div><div class="ubbcode-body">What do you think? Would you do it? </div></div>
Only if the directors and all the other big cheese also work for free for the same length of time requested of everyone else. (I think the duration requested was a month not sure - it came on the news yesterday).
Anyone thinking to work for free or at a drastic pay cut will save their job is mistaken. If the firm in question doesn't make a profit as oppose to these short term quick fixes, will find they will still face the chopping board regardless of how many years they worked for the company, how many hours they put in and how few pennies they are willing to take or even how much money they made for the company.Comment
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