Author: By Mark Bulstrode, Press Association
One option available to staff is taking a year off with a 75 per cent 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.
But it has been hit by the economic downturn and posted a £1.3billion loss for
the first three months of the year.
Parents will also have the opportunity to restrict their hours to school term
times to allow them to spend time with their children, he said.
“BT is known for it’s progressive human resources policies with flexible
working,” said a BT spokesman.
“Being one of the largest employers in the UK, I think this is an extremely
progressive way of managing costs during a recessions, rather than making
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