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Entries Tagged as 'salary reductions'

Recession-Driven Employee Benefit Cuts: Temporary or Permanent?

April 16th, 2009 · No Comments · Consumer Debt

This question is certainly on the forefront of many American’s minds as we struggle collectively through the current economic crisis. While having stable employment “period” is certainly the most critical achievement for most folks today, many companies are eliminating and reducing the benefits they offer their employees, such as cutting bonuses, pensions, 401(k) plans, or [...]

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