Cutting and Freezing Pay Isn’t Easy … How You Handle It Can Make a Big Difference
It’s an employee’s livelihood. Their pay. But today’s turbulent economic environment is forcing countless organizations to cut pay and halt raises. Even harder is telling employees the bad news. In fact, if you don’t do it right you stand to lose your top performers and see a drastic decline in morale, productivity, and on-the-job performance. The bottom line? Your entire organization is at risk.

If you’re in one of those organizations, you know the big picture outweighs the momentary cuts. People get to keep their jobs … business continues … growth can happen. But getting that message across is like walking on eggshells. One incorrect statement and you’re facing a lawsuit. One misunderstanding and your top performer is out the door and you’re left holding the bag.

That’s why you don’t want to let this offer pass you by. You’ll find out exactly how to answer the toughest questions your employees throw your way — plus a whole lot more!

Learn Critical Dos and Don’ts for Talking About Pay Changes With Employees
Breaking the bad news to employees can be the most stressful moment of your career. But it doesn’t have to put your stress level in a tailspin. This breakthrough CD covers the hottest issues leaders face when cutting and freezing pay.

You’ll Learn …

• What you should and shouldn’t say when freezing or cutting salaries
• How to maintain morale despite salary limiting or cutting measures
• Why your performance reviews should be done for either development or compensation — not for both
• Legal considerations when cutting salary
• Common questions you can expect from employees and how to answer them