British Airways

Keep Your Job? Work For Free.

British CEO.jpg

With unemployment on the rise, more and more workers are taking pay cuts in exchange for keeping their jobs. Some are even working for free.

In an effort to cut costs and show work-place solidarity, British Airways Chief Executive Willie Walsh is planning to work the entire month of July with no pay. There’s only one glitch in his plan for generating some positive public relations. He forgot to tell his wife.

Walsh says because he neglected to tell her about the plan to turn down his July paycheck, she wasn’t too happy when she first read about it in a London paper.

Walsh enjoys an annual salary of $1.2 million U-S dollars, and is hoping his lower salary encourages employees to also cut costs. This comes after 2,500 employees at the airline have already lost their jobs.  read more »