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BA Staff Take Pay Cuts
David Hughes
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6-25-2009 6:49 PM
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David Hughes
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BBC take note!
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/38be793e-5423-4f09-bd27-8d9a3c8a2e23/FDF83DA0-4B84-4427-80B1-C227276EAB0B/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.guardian.co.uk/business/2009/jun/25/british-airways-pay-cuts" href="http://www.guardian.co.uk/business/2009/jun/25/british-airways-pay-cuts" style="font-size: 11px;">www.guardian.co.uk</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.guardian.co.uk/business/2009/jun/25/british-airways-pay-cuts"><H1>Thousands of British Airways staff to take pay cuts</H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.guardian.co.uk/business/2009/jun/25/british-airways-pay-cuts"><P>BA said today that 6,940 employees, or 17% of its workforce, had volunteered for unpaid work, part-time hours or unpaid leave in a move that will save the struggling carrier up to £10m. More than 800 have matched a pledge by their chief executive, <A title="Willie Walsh, who is working without pay next month" href="http://www.guardian.co.uk/business/2009/jun/16/british-airways-unpaid-work">Willie Walsh, who is working without pay next month</A><A title="Willie Walsh, who is waiving his July salary" href="http://www.guardian.co.uk/business/2009/jun/16/british-airways-unpaid-work"></A>.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.guardian.co.uk/business/2009/jun/25/british-airways-pay-cuts"><P>"I want to thank everyone who has volunteered to help us pull through this difficult period," Walsh said. "This response clearly shows the significant difference individuals can make." Analysts said the move amounted to a pay cut of about 3% for the staff who have taken part.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.guardian.co.uk/business/2009/jun/25/british-airways-pay-cuts"><P>BA said "absolutely no pressure" was put on staff to volunteer for a pay cut and rejected claims of bullying and intimidation.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.guardian.co.uk/business/2009/jun/25/british-airways-pay-cuts"><P>Walsh added that BA is considering charging for beer and peanuts on flights but warned that the airline cannot risk "permanent damage" to its brand.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.guardian.co.uk/business/2009/jun/25/british-airways-pay-cuts"><div align="center"><img src="http://content8.clipmarks.com/blog_cache/www.guardian.co.uk/img/2E0D94D6-4FB2-43B0-87F7-B67CDA936869" alt="British Airways chief executive Willie Walsh at Terminal 5, Heathrow Airport" /></div></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/FDF83DA0-4B84-4427-80B1-C227276EAB0B/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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