• Skip to Content
  • Skip to Channel Navigation
  • Skip to Information Links
  • Skip to Accessibility Information
HR Magazine LogoHR Magazine
  • Home
  •  
  • News
  •  
  • Features
  •  
  • HR TV
  •  
  • Suppliers
  •  
  • Solutions
  •  
  • Forums & Blogs
  •  
  • White Papers
  •  
  • Employee Benefits
  •  
  • Learning & Development
  •  
  • Employment Law
  •  
  • Recruitment
  •  
  • HR People
  •  
  • Research
  •  
  • Technology & Metrics
  •  
 
13 March 2010
  • Home:
  • 7,000 British Airways staff opt for pay cuts
7,000 British Airways staff opt for pay cuts

7,000 British Airways staff opt for pay cuts

David Woods, 25 June 2009

 

Be the first to comment on this article

Almost 7,000 British Airways staff have volunteered to take unpaid leave, part time working or voluntary pay cuts as part of the company's plans to cut costs.

 

Of the 40,000-strong workforce, 6,940 employees have answered the employers call to save money and are expected to save the airline £10 million.

British Airways' chief executive Willie Walsh, said: "This is a fantastic first response. I want to thank everyone who has volunteered to help us pull through this difficult period.


"This response clearly shows the significant difference individuals can make."

Walsh himself has agreed not to take a salary during the month of July.

Options were made available for staff to volunteer for between one and four weeks unpaid leave or unpaid work, with the pay deduction spread over three or six months. The firm hopes more staff will take the option to take further pay cuts later in the year.

X

You must login to use Clip & Save

  • Print
  • Email
  • Clip &
    Save
  • News
    by email
 

Share:

  • Bookmark on...
  • Del.icio.us
  • Stumble It!
  • Facebook
  • Reddit
  • DIGG
  • Google
  • Yahoo
 

Your Comment

 
 

To post comments please log in here

 

All Comments

There are currently no comments.

Related Media

British Airways shows it doesn't understand its staff by asking them to work without pay

Redundancies and pay freeze proposed by British Airways are a step too far for staff

British Airways pilots to take pay cut as part of airline's cost-saving package

British Airways says it must cut 1,700 jobs and impose a pay freeze to ensure long-term survival

Latest News

National Audit Office produces report to improve understanding of public-sector pensions

National Association of Pension Funds sets out steps Government must take to fix the UK's pension system

Prime minister says there will be no pay increases for senior civil servants over the next year

 
News By Email

Poll

Do you think a 21-hour working week will work to tackle issues such as overwork, unemployment, high carbon emissions, low wellbeing, inequalities and sustainability?

 

Directory

 

Latest Issue

Latest Issue

March 2010

Line managers are less critical of HR than they were a year ago - will this continue?

B&Q's HR director explains the company's focus on 18-24 year-olds

Can the science of analytics create super workforce planning?

CSR must be seen as an investment, not a business cost

 

 

Subscribe
 

ADVERTISEMENT

Skip to Main Navigation
Haymarket

Haymarket © 1957 – 2010

  • About Us
  • Register
  • News By Email
  • Advertising
  • Contact Us
  • Sitemap
  • Terms & Conditions
  • Privacy
  • Accessibility
  • News
  • Features
  • Reviews
  • Management Today
 
  • Contact Us
  • News By Email
  • Advertising
  • Subscriptions
  • Newsfeeds
  • Sitemap
  • My HR
  • register
  • Log In