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本科毕业论文(设计)
外文原文
外文出处 Benefits Compensation Digest;Jul2010, Vol. 47 Issue 7, p32-34,
外文作者 Skousen, John K.
原文:
The Rules of Reducing Salaries: Tips to Consider Before Implementing Pay Cuts
The article offers advice for implementing salary cuts in the U.S. Employers with no alternative but to reduce salaries should first determine which employment-related laws apply in their particular state and provide appropriate notice to their employees for at least one pay period before implement any changes. Executives are advised to be transparent in their discussion of the salary cuts.
In the wake of a continuing recession, companies everywhere are dealing with the effects of financial distress. As sales revenues continue to slump, many businesses can no longer afford a managerial staff--but key staff members are needed to stimulate sales. Employers are left with a nearly unsolvable problem. As company leaders scramble to start the new decade on the right foot by protecting profitability, many are forced to cut costs in a less-than-popular way: employee pay cuts.
Companies large and small, regional and national, are decreasing salaries in order to stay afloat. Yet in spite of these challenging times, managers should remember the value of their hardworking, faithful employees. A companys people are far more important than any capital or other resource. People think, create and produce. For this reason, executives should carefully weigh the impact of compensation cuts and take steps to sustain long-term employee satisfaction during the process. By acting carefully and legally, employers can effectively reduce compensation while upholding companywide morale, motivation and loyalty.
Give Appropriate Notice
Before trimming salaries, companies must determine which employment-related laws apply in their particular state. California, for instance, requires an employer to notify employees of any sala
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