Pay Cuts Become More Common in Pandemic Downturn

How to keep affected employees motivated

A growing number of companies in sectors hit hard by the coronavirus pandemic are turning to pay cuts instead of layoffs to reduce their labor costs, hoping to preserve their workforces for a fast recovery.  

Vanessa Matsis-McCready, assistant general counsel and Director of HR for Engage talks to SHRM about how to keep employees motivated and productive.

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