For the last six months or so at work we've all been frequently updated on the effect the financial crisis is having on the business and it's not good. BA are losing £2.7m a day and there is no end in sight apparently. However, the unions have a bit of a stranglehold over the company so there is no way for it to take immediate effective action. Yesterday we were told that there are crunch talks happening with the unions which will end on June 30th. The company wants to shed 1000 staff of my grade, the vast majority of which are based at Heathrow. Willie Walsh, the Chief Executive, has said that if no action is taken then in two years time there will be no BA.
There are all sorts of rumours flying around at work about what will actually happen. One thing is for sure and that is that some people (unclear how many though) will be leaving. They are offering voluntary redundancy and unpaid leave and all that jazz. If not enough people take those options (and there's no way that enough will) then something's going to have to give.
My record at work is basically unblemished. I've never been off sick and I've never been late. Although in the last couple of days it has been made clear to everyone at work that our jobs are unsafe. I'd like to think that my record would put me in good stead to keep the position but there's always that 'last in first out' method of culling staff. In this case I think that method would be stupid though, because I earn next to nothing and getting rid of me would have a negligible effect on the company's losses.
In any case, I believe the airline will survive. Whether it does so with or without me is in question at the moment. This blog might be returning to a theme of unemployment sooner than expected!
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Update CV time.
Good Luck BOTS.
TG.
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Take voluntary redundancy then when we both are unemployed we can start our own bookies or pub
Cheers guys.
Al - I'd be lying if I said that thought hadn't crossed my mind! I just don't think Stan would take too kindly to me just jacking in my job though haha!
Voluntary redundancy has pros and cons: A lot of the time an employer will pay an enhanced severance package to serve as an incentive for people.
Also, until you have had 2 years continuous employment you won't qualify for statutory redundancy pay - so voluntary may be the only way you could get anything beyond your notice period.
However, if you do choose to make yourself voluntarily unemployed, the job centre will impose a 'waiting period' which would prevent you from claiming any JSA from between 6 weeks to 6 months.
In terms of the 'last in first out' policy; it's considered a bit of an antiquated method of selection criteria nowadays. Companies will definitely look at length of service, but if they decide only on the basis of LIFO, then you might be able to make a claim for age discrimination in an employment tribunal! It's more likely that they will use a matrix comparing staff on attendance/sick record/target meeting etc.
BA might want to just get rid of people who have been there for less than two years, as they wouldn't have to pay statutory redundancy.
I now feel slightly guilty about abusing the lounge the other day! I definitely enjoyed the G&T and two glasses of champagne at 7:30am, though. Thanks mate....
G-Dor
I am awaitingan Arsenal mini-blog. Come on you Gooners.
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The Gambler.
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