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05 Jul Survey: 30% of Companies Cut Pay in Response to COVID-19; Major Companies Already Reinstitute Pay After Cuts

Posted at 01:47h in Challenger Survey
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Published on: Jul 5, 2020 Thirty percent of employers chose to cut pay in response to the COVID-19 pandemic. Of those, more than half (55%) reported the cuts allowed them to avoid layoffs, according to a new survey released Thursday by global outplacement and executive and...

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