Small business answers — NOW!

Pay reduction methods

Question
Is there more than one way to cut employee pay, besides the obvious salary reduction? 
Answer
Yes, for example:

- Reduction of hours or adjustments in work schedule

- Reduction or change of duties and/or responsibility

- Change in responsibilities, causing loss of premium pay

- Reduction or elimination of incentive or performance based-pay opportunities 
Brain Trust contributor: Author of Improving Performance Results
Related Categories: Human Resources, Management
© 2007, Small Business Network, Inc., All Rights Reserved.
Subject to the Terms of Use of AskJim.biz
Print this page   Bookmark this page   E-mail this page to a friend   Go back to previous page
AskJim ID: 1119