Pay Cuts or Layoffs?

Pay Cuts or Layoffs? Factors to Consider When Making Difficult Business Decisions

Pay Cuts or Layoffs? Factors to Consider When Making Difficult Business Decisions   When companies face financial difficulties, they may consider implementing cost-cutting measures that affect their employees. Two common options are pay cuts and layoffs. But which option is better, and how can companies make the right decision for their employees and their bottom…