Employers move slowly to reverse salary cuts — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily

Employers move slowly to reverse salary cuts

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in HR Management,Human Resources

While 13% of employers cut employees’ pay between late 2008 and October 2009, about 29% of those planned to rescind those cuts in the following 12 months, says a recent survey by HR association WorldatWork. About 15% said the pay cuts were permanent.

Example: FedEx is resuming some raises, but from levels that were reduced by pay cuts.

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