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Demotions

Laura Bassett

Same Job, Less Pay: Employees Learn to Swallow Their Demotions

HuffingtonPost.com | Laura Bassett | Posted 05.25.2011 | Impact

Three years ago, employees were being rewarded for their years of loyalty to a particular company with raises, promotions and increasing amounts of pa...

Employers Cut Pay, Hours For Those Still On The Job

New York Times | Posted 05.25.2011 | Business

In recent decades, layoffs were the standard procedure for shrinking labor costs. Reducing the wages of those who remained on the job was considered d...