Cost-cutting BT offers staff a year's sabbatical with quarter of their annual salary upfront

BT is offering some staff a year off as a sabbatical in return for a 75% pay cut in that year's pay.

Senior managers buck recessionary trend, reporting increasing salaries since October 2008

Despite the recession, the average salaries for senior executives have risen by 3.35% since October, compared to a national average of 2.7%.

Exclusive: Carphone Warehouse rewards staff for customer service rather than sales volume

The mobile phone giant's new reward strategy is to pay employees for giving good customer service rather than awarding commission for individual sales.

7,000 British Airways staff opt for pay cuts

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.

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

British Airways' (BA) request that its entire staff work voluntarily without pay in July poses a huge dilemma not only for the staff but for the airline itself. It's as close to a public 'outing' of a...

Pay Freeze at British Waterways rejected by unions

Union members at British Waterways have voted to reject a pay freeze proposed by the organisation.

Holiday trading by cash-strapped employees escalates

Holiday trading has shot up by 21% in the past year, as cash-starved staff look to boost their salaries.

HR salaries see double digit rises

While many industries are slashing staff wages, the salaries of HR professionals actually rose by an average of 2.5-3.5% in the last year, with some rising by more than 20%.

Anglian Water denies trade union claims of pay cuts in the face of industrial action

Staff at Anglian Water are set to strike next week over trade union claims of potential pay cuts and changes to shift patterns but Anglian Water denies claims by the GMB union that staff could lose as...

Senior staff bear the brunt of pay freezes while employers continue to invest in junior employees

Employers are continuing to invest in junior members of staff, while senior managers and executives are bearing the brunt of pay freezes according to a new report.

How can employers best manage compensation during recession?

In lean periods, businesses need to focus on areas that directly impact the bottom line and in this respect compensation has one of the most profound impacts of all.

Honda employees and managers stand together and take pay cut to keep jobs at Swindon factory

Employees at a Honda factory in Swindon have voted to take a pay cut in order to protect jobs.