NPR's Wright Bryan sends this, from the Financial Times:

"How would you like to spend more time with your family -- like the next five years?" is not the kind of offer employees usually want to hear from their bosses in the depths of an economic crisis.
But BBVA, Spain's second-biggest bank, has posed that question to staff as part of its latest cost-cutting drive. It is hoping at least some of its 29,954 Spanish employees agree not to come to work for up to five years -- in exchange for nearly a third of their usual salary and a guaranteed job when they return.

Admittedly, most of us couldn't make it on a third of our salaries alone. But if you're anything like me, you're thinking, hey, with five semi-free years I could...

What would you do? Just asking.

categories: Fun With Economics

10:28 - June 3, 2009

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