Workers 'will take pay cuts to help colleagues'


Workers 'will take pay cuts to help colleagues'
It seems as though British employees are keen to help their fellow workers through the credit crunch, if the results of a new survey are anything to go by.

According to research conducted by fish4jobs, many people said they would rather take a pay cut if it meant they could prevent their colleagues from being forced out of their jobs.

Recruiter also reports that 49 per cent of workers are expecting their salaries to be cut or frozen this year.

Meanwhile, although employees were eager to help their peers, they did not have the same opinion of their bosses, as 79 per cent thought that their manager's pay or bonuses should be cut to see the company through the economic downturn.

The Recruitment and Employment Confederation recently claimed that many workers are aware of difficulties their firm may be in and know that a pay rise is currently unlikely.

Related categories: HR / Recruitment.

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