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There have been some interesting approaches taken to managing talent this week. Firstly BA announced that they wanted staff to perform up to 1 months work for free. The plan was designed to avoid redundancies whilst helping the company weather the financial storm. It predictably created a lot of controversy as clearly ceo Willie Walsh can afford such an action a lot more easily than some of his lower paid staff.
Then this morning BT announced that they will be loaning out staff to competitors for a short period to help reduce their wage bill whilst retaining staff over the longer term.
Certainly interesting to see how companies are dealing with this crisis.
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