“Four-day week workers face huge pay cuts
Only a tiny number of companies plan to reduce hours while maintaining pay
Workers moving to a four-day week are facing big wage cuts as only 1pc of companies plan to offer full pay for reduced hours.
A third of companies expect most workers to be on a four-day week within the next 10 years, new research by the Chartered Institute of Personnel and Development (CIPD) has revealed.
However, the survey revealed that only a tiny number of companies plan to reduce hours while maintaining pay.
A tenth of firms said they have cut working hours without slashing pay while only 1pc of companies said they would move to a shorter week and maintain staff wages.”
https://www.telegraph.co.uk/business...huge-pay-cuts/
Err, why would anybody expect otherwise?
Only a tiny number of companies plan to reduce hours while maintaining pay
Workers moving to a four-day week are facing big wage cuts as only 1pc of companies plan to offer full pay for reduced hours.
A third of companies expect most workers to be on a four-day week within the next 10 years, new research by the Chartered Institute of Personnel and Development (CIPD) has revealed.
However, the survey revealed that only a tiny number of companies plan to reduce hours while maintaining pay.
A tenth of firms said they have cut working hours without slashing pay while only 1pc of companies said they would move to a shorter week and maintain staff wages.”
https://www.telegraph.co.uk/business...huge-pay-cuts/
Err, why would anybody expect otherwise?
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