BA ask 40,000 staff to work for nothing.

bo_drinker

wolvoman wrote: »

You haven't really researched before posting have you?

Firstly BA have never really 'coined' it in of late. Last year they paid a dividend for the first time in TEN years. And it wasn't a big dividend. Last year's profit was thir highest ever but it was short-lived (and in fact lots of staff did receive bonuses).

Your other point about the big earners taking a hit in salary. They already have - they were the ones who set the example in the first place.

Good grief.

No I admit I have not researched the subject, better things to do.
It's easy for the higher earners to take a hit but they are asking Joe Bloggs to work for nothing, times are hard for everyone now,these people have mortgages/rent to pay and have to provide for their families. We are not talking a cut, they want them to work for fk all.

michaels

How is working 4 weeks unpaid any different form taking a 10% pay cut...except if you take the pay cut then your salary next year is also 10% lower?

Edit for RB: I think the BBC article suggests the free days are spread over 3 or 6 months rather than being a single hit to salary.

bo_drinker wrote: »

No I admit I have not researched the subject, better things to do.
It's easy for the higher earners to take a hit but they are asking Joe Bloggs to work for nothing, times are hard for everyone now,these people have mortgages/rent to pay and have to provide for their families. We are not talking a cut, they want them to work for fk all.

robin_banks

michaels wrote: »

How is working 4 weeks unpaid any different form taking a 10% pay cut...except if you take the pay cut then your salary next year is also 10% lower?

Surely it's about cashflow, i.e. no money coming in for 2 months. You have a mortgage etc this will quickly eat into any savings, either that or live on tick.

bo_drinker

robin_banks wrote: »

Surely it's about cashflow, i.e. no money coming in for 2 months. You have a mortgage etc this will quickly eat into any savings, either that or live on tick.

Exactly, you beat me to it. Also many people live week to week and if it means living on tick then surely that is part of the problem why the country is in the mess it's in. C C debt etc, it will just add to it for the sake of keeping BA alive.

Yakubu22

As someone who is going through something similar at work, i sympathise with the BA staff. It's like someone saying to you..."I can offer you a chinese burn once a week, every week for 6 months, OR give you a massive boot in the b@lls"

Either way you're going to get pain,

Degenerate

wolvoman wrote: »

Yet again I ask - what else can BA do? It is losing £2m every single day.

It could offer payment in shares. Giving staff a stake in future success in return for their current sacrifice would be a lot more palatable than asking them to work for nothing.

bo_drinker

Smaller companies losing a lot less on a daily basis are wound up. Didn't Virgin recently announce good profits.... in a recession.
It beats me how companys can lose this sort of money, someone is bank rolling them, how can the top brass sleep at nights, they are obviously not doing something right !!!!!!.

ShelleyC_2

I know a couple who both work for BA, they whilst worried by this thought it was far preferably to one or both of them being axed.

The worrying thing for all the staff is this is a short term fix -whats going to happen to lots of the airlines / holiday companies etc in the long run? Although I guess that applies to nearly all jobs / areas at the moment

bo_drinker

I would take the 1 month unpaid leave option..............and look for another job offered by an employer who could afford to pay the wage bill.

matbe

When i started work in the eighties i was put with an old timer after about 6 months times were tough and our foreman was sent round to tell us could we wait till end of month to be paid?

Old timer informed him "i dont get a share of the profits so im not taking a share of the losses"

We both got paid others in the firm not so lucky.

ok for willy on 60k a month i suppose