Company is just looking for excuses to cut wages

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Question

Times are tough at your organization, and, as the director of human resources, you have a problem. The company's senior executives have decided that 10% of the payroll has to be cut immediately. Instead of laying off people, you would like to have everyone cut back their work hours by 10%. This would cut the payroll but let everyone keep their jobs. You've heard this idea isn't popular with all the workers. Some are already grumbling that it's a "bad idea" and the company is just looking for excuses to "cut wages." How can you best handle this situation as a change leader?

Reference no: EM133679054

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