Weighing up pay cuts as an alternative to redundancies
When cost savings are required, what is the impact of making pay cuts instead of redundancies?
When cost savings are required, what is the impact of making pay cuts instead of redundancies?
How do pay cuts stack up as an alternative to redundancies? In a first of its kind, the authors of this study looked at the difference in work attitudes when employees were faced with pay cuts or surviving redundancy. The research directly compares the impact on productivity of salary reduction against surviving redundancies.
Affiliate membership offers instant access to CIPD resources without the need for assessments or study, or explore your options to become a professional member of the CIPD to demonstrate your commitment to the world of work.
Already a member? Login here.
Katie joined the CIPD in 2023 as the Knowledge Exchange Manager. Most recently she has been supporting large and complex research and knowledge exchange projects in the higher education sector, including a Russell Group institution. She also has experience working for local authorities and third sector organisations to support businesses and communities to make a difference in their localities. With a degree in Applied Social Science: Anthropology from the University of Southampton Katie works to facilitate the flow of research learnings into practice and lived experience into research development.
Stay up to date with the latest recruitment and redundancy trends in the UK.
Information on the law relating to redundancy, including the notice of redundancy, redundancy pay and time off
Katie Stickland, CIPD Knowledge Exchange Manager, reviews research examining how strategies around agile working were utilised within the NHS and distils the lessons for HR professionals, line managers and organisations
We summarise research examining how the way workers are matched to jobs can have important implications for current and future productivity for their organisations
Research examines how organisations can use redeployments to properly manage and grow knowledge sharing across their business and wider networks
Evaluating the pros and cons of working in shared office spaces, and how they impact on productivity