Pay Cuts: 91% of SMEs Have Introduced Pay Cuts/Freezes (View original topic)



DrStool

Posted 31 March 2009 - 03:23 AM

The study found that 91% of SMEs have introduced either pay freezes or reductions in the last six months, with the majority implementing cuts of 13%. ISME said that the figures provide irrefutable evidence that wage rates are decreasing and companies

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