BT offers workers more free time for pay cuts
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Independent Minds
BT employees have been offered the chance of long-term holidays if they agree to huge pay cuts, the company said.
One option available to staff is taking a year off with a 75 per cent drop in salary, in return for receiving the remainder of their wages as an up-front payment, said a spokesman.
BT, the former state telecom company, is one of the UK's largest private employers with more than 100,000 staff.
But it has been hit by the economic downturn and posted a £1.3billion loss for the first three months of the year.
A BT spokesman confirmed that staff had also been offered a one-off payment of £1,000 if they agree to go part-time.
Parents will also have the opportunity to restrict their hours to school term times to allow them to spend time with their children, he said.
"BT is known for it's progressive human resources policies with flexible working," said a BT spokesman.
"Being one of the largest employers in the UK, I think this is an extremely progressive way of managing costs during a recessions, rather than making redundancies."
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Comments
What a shame it isnt know for its ability to sell telephone lines and service. I have been trying to get them to transfer two lines from Virgin back to BT and make the work on BT network. A simple process one would think, even more so as the lines actially exist to the premises.
However, after five phone calls to five different people I still don't have the right numbers on the right plans. No one can take ownership of my order, each blaming the system as they are unable to see the relevant information on the computer nor to take the appropriate action. "Thats the job of someone in another department and I am unable to help you".
I am unable to ring the same person back to get an update as that i snot allowed so I have to trawl through a multi layer menu system which always finds me a new person in a new part of the country . . , , ,who cannot help me as they are not in the right department . . . . . .
BT are losing money because of totally incompetent management put that right and the cash will flow. . .