Unconventional Pay Cuts
Roger, a new friend of mine recently shared with me about how his company handled the economic downturn in 2009. Their business was significantly impacted and needed to slash payroll.
But leadership chose to look beyond the conventional employee layoffs. After much thought, leadership chose to retain allemployees by cutting wages.
The highest paid workers took the biggest pay cuts, but they surprisingly decided not to cut anyone’s pay making less than $30,000 a year, even though several wanted to help. Leadership wanted to care for those with the greatest needs.
Proverbs 22:16 teaches, “He who oppresses the poor to make more for himself or who gives to the rich, will only come to poverty.”
God’s unconventional way of doing business includes consideration for the needs of the poor.
Learn more about Rick Boxx and Unconventional Business Network