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Author Topic: BT Big Holiday!!  (Read 1710 times)

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Lizzie_Zoom

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BT Big Holiday!!
« on: 04 July 2009, 17:24:19 »
Who on here works for BT??

The good news is your company is to give you a year off..........................................The bad news is you will have to take up to  a 75% pay cut during that year! :o :o :o :o :o :o :o :o

Are they serious????????????????? :o :o :o :o :-X :-X :-X :-X :-X
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nick v6

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Re: BT Big Holiday!!
« Reply #1 on: 04 July 2009, 17:26:54 »
tmx worked for bt
but was unfairly laid off

don't know the full story, i was talking to him early on today
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Varche

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Re: BT Big Holiday!!
« Reply #2 on: 04 July 2009, 17:50:14 »
Good for BT I say. They have always had a good HR approach to staff. As I read this due to the Global division LYING about their success - the rest of the company has to pull its horns in. One way of reducing costs without losing the staff skills and knowledge is to let them take an extended break and come back. No doubt the poor beggars staying will have to work even harder. For a lot of older people it might be a brilliant opportunity to look after an ailing relative or do some voluntary work. If you got the 1/4 payment upfront and didn't spend all the daft money on clothes, transport, second car, lunches, convenience foods,waste, parking tickets, speeding fines etc you would probably be little worse off. I would have jumped at it.

I also understand there is a £1000 payment for full time staff who go part time. Makes sense and keeps the skills/knowledge base.

Well done BT I say and I hope the share price improves as a result.

varche
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KillerWatt

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Re: BT Big Holiday!!
« Reply #3 on: 04 July 2009, 19:26:07 »
Pretty smart plan IMO.

BT gets to keep the staff.....staff gets paid what is probably the equivalent of dole money for sod all effort......staff finds another job (preferably cash, so no declarations) they like to top up the wages........everyones happy and it's stress free.
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Del Boy

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Re: BT Big Holiday!!
« Reply #4 on: 04 July 2009, 19:27:59 »
Quote
Pretty smart plan IMO.

BT gets to keep the staff.....staff gets paid what is probably the equivalent of dole money for sod all effort......staff finds another job (preferably cash, so no declarations) they like to top up the wages........everyones happy and it's stress free.
Exactly what he said  :y
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Mr Skrunts

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Re: BT Big Holiday!!
« Reply #5 on: 04 July 2009, 19:34:59 »
Would the one's with young children also qualify for child tax credit to bump wages back up.
I dont have kids so sorry if i am saying something that isnt correct.
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KillerWatt

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Re: BT Big Holiday!!
« Reply #6 on: 04 July 2009, 19:42:52 »
Quote
Would the one's with young children also qualify for child tax credit to bump wages back up.
I dont have kids so sorry if i am saying something that isnt correct.
Yes they would qualify Skruntie.
The fact BT is paying the employees means they are still employed, albeit on much lower wages....so they can claim much more in benefits (quite legally).....and still be OK.

Tell ya what, I'd love to be a BT employee right now on the reduction.....because I could make so much more, and wouldn't have to lift a finger.
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TheBoy

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Re: BT Big Holiday!!
« Reply #7 on: 04 July 2009, 22:24:40 »
The company I work for is trying to persuade us to take a 5% cut :(. Despite being a very profitable company :(
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Vamps

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Re: BT Big Holiday!!
« Reply #8 on: 04 July 2009, 22:53:23 »
Quote
Quote
Would the one's with young children also qualify for child tax credit to bump wages back up.
I dont have kids so sorry if i am saying something that isnt correct.
Yes they would qualify Skruntie.
The fact BT is paying the employees means they are still employed, albeit on much lower wages....so they can claim much more in benefits (quite legally).....and still be OK.

Tell ya what, I'd love to be a BT employee right now on the reduction.....because I could make so much more, and wouldn't have to lift a finger.

Nope, and er yes. can't claim the working tax credit as not working over 16 hours but will be able to claim some child tax credit based on income.

Remember this may be dole level pay,but none of the other benefits like Council tax benefit, or housing benefit.
If it were me, I could not live on that, would have to take another part time job or try and do a deal with the building society.  Interesting
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Turk

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Re: BT Big Holiday!!
« Reply #9 on: 04 July 2009, 23:14:07 »
Quote
Pretty smart plan IMO.

BT gets to keep the staff.....staff gets paid what is probably the equivalent of dole money for sod all effort......staff finds another job (preferably cash, so no declarations) they like to top up the wages........everyones happy and it's stress free.

Not sure about everyone though. More folk looking for jobs, and hard on the moral of those with no 25% of a wage coming in to start with?
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BERTIECBX550

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Re: BT Big Holiday!!
« Reply #10 on: 04 July 2009, 23:30:15 »
The contracts up for renewal for the facilites management on our retail park this year and it looks like our company is not gonna get it due to various issues and such but i`ve been told by word of mouth that our ex area manager now works for the company that is in all likely hood gonna get the contract and he wants to take our contracts over might be a good thing as this new company are more security orientated rather than bloody car park tickets which are a pain in the arse..... :-/
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Vamps

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Re: BT Big Holiday!!
« Reply #11 on: 04 July 2009, 23:35:35 »
Quote
The contracts up for renewal for the facilites management on our retail park this year and it looks like our company is not gonna get it due to various issues and such but i`ve been told by word of mouth that our ex area manager now works for the company that is in all likely hood gonna get the contract and he wants to take our contracts over might be a good thing as this new company are more security orientated rather than bloody car park tickets which are a pain in the arse..... :-/

Lets hope it works out for you :y What are they going to give you for transport though :D :D :D
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BERTIECBX550

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Re: BT Big Holiday!!
« Reply #12 on: 04 July 2009, 23:37:10 »
V8 segway!!!! ;D ;D ;D ;D ;D ;D as its a yank company!!! they probably got  a shed load of GM v8`s cheap...... ;) ;D ;D ;D
« Last Edit: 04 July 2009, 23:38:10 by BERTIECBX550 »
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crazyjoetavola

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Re: BT Big Holiday!!
« Reply #13 on: 04 July 2009, 23:37:18 »
Quote
The company I work for is trying to persuade us to take a 5% cut :(. Despite being a very profitable company :(



....could be the thin edge of the wedge TB, using the current climate as an excuse maybe? :-/ :-/
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Vamps

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Re: BT Big Holiday!!
« Reply #14 on: 04 July 2009, 23:41:50 »
Quote
V8 segway!!!! ;D ;D ;D ;D ;D ;D as its a yank company!!! they probably got  a shed load of GM v8`s cheap...... ;) ;D ;D ;D

 8-) 8-) :D :D :D
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