BT staff get free time for pay cuts
Updated on 04 July 2009
BT employees have been offered the chance of long-term holidays if they agree to huge pay cuts, the company said.
One option available to staff is taking a year off with a 75% drop in salary, in return for receiving the remainder of their wages as an up-front payment, said a spokesman.
BT, the former state telecom company, is one of the UK's largest private employers with more than 100,000 staff.
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