Personnel Today
  • Home
    • All PT content
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Maternity & paternity
    • Shared parental leave
    • Redundancy
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • Brightmine
    • Learn more
    • Products
    • Free trial
    • Request a quote
  • Webinars
  • Advertise
  • OHW+

Personnel Today

Register
Log in
Personnel Today
  • Home
    • All PT content
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Maternity & paternity
    • Shared parental leave
    • Redundancy
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • Brightmine
    • Learn more
    • Products
    • Free trial
    • Request a quote
  • Webinars
  • Advertise
  • OHW+

Latest News

Travel firm hopes to avoid lay-offs with pay cut offer

by Personnel Today 9 Oct 2001
by Personnel Today 9 Oct 2001

Corporate travel firm Rosenbluth has asked its employees to take a voluntary
10 per cent pay cut because of the drop in business following the terrorist
attacks in the US. Rosenbluth introduced the initiative, which is being
operated for a three-month period, to try to avoid having to make redundancies.

So far 65 per cent of staff who have responded to the request have agreed to
have their salaries docked. Of its 5,000 employees, 400 work in the UK.

Paul Kennedy, director of HR for Western Europe at Rosenbluth, told
Personnel Today that the vice-president and 10 board directors spent seven days
personally talking to employees in seven countries and covered about 90 per
cent of the workforce in that time.

He said, "It was important, when asking them to make such a personal
sacrifice, that they heard about it personally, not through email or the press.

Sign up to our weekly round-up of HR news and guidance

Receive the Personnel Today Direct e-newsletter every Wednesday

OptOut
This field is for validation purposes and should be left unchanged.

"We see it as a time to invest in our people and commit to them and ask
them to commit to us. And take-up has been good, which indicates how committed
people are to the company."

He said the company recognises that there will be people who cannot afford
the pay cut so for that reason the scheme is voluntary and confidential.

Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

previous post
Council farms out entire HR function
next post
Language skills pose barrier to hiring in London

You may also like

Black workers face greatest risk from workplace surveillance

30 May 2025

Capita and PizzaExpress named for minimum wage underpayments

29 May 2025

Charlie Mayfield: HR needs more proactive approach to...

29 May 2025

Warning issued over loss of ‘frictionless’ business travel...

29 May 2025

Streeting appeals to resident doctors to vote against...

29 May 2025

Unfairly dismissed TUC workers awarded £100k

29 May 2025

Recruitment outlook improves, despite employment law fears

29 May 2025

Missing mug leads to failed race discrimination claim

29 May 2025

HMRC releases research on removing salary sacrifice tax...

28 May 2025

Call-handler sues Met Police over reinstatement of offensive...

28 May 2025

  • Preparing for a new era of workforce planning (webinar) WEBINAR | Employers now face...Read more
  • 2025 Employee Communications Report PROMOTED | HR and leadership...Read more
  • Prioritising performance management: Strategies for success (webinar) WEBINAR | In today’s fast-paced...Read more
  • Retaining Female Talent: Four Ways to Reduce Workplace Drop Out PROMOTED | International Women’s Day...Read more

Personnel Today Jobs
 

Search Jobs

PERSONNEL TODAY

About us
Contact us
Browse all HR topics
Email newsletters
Content feeds
Cookies policy
Privacy policy
Terms and conditions

JOBS

Personnel Today Jobs
Post a job
Why advertise with us?

EVENTS & PRODUCTS

The Personnel Today Awards
The RAD Awards
Employee Benefits
Forum for Expatriate Management
OHW+
Whatmedia

ADVERTISING & PR

Advertising opportunities
Features list 2025

  • Facebook
  • Twitter
  • Instagram
  • Linkedin


© 2011 - 2025 DVV Media International Ltd

Personnel Today
  • Home
    • All PT content
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Maternity & paternity
    • Shared parental leave
    • Redundancy
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • Brightmine
    • Learn more
    • Products
    • Free trial
    • Request a quote
  • Webinars
  • Advertise
  • OHW+