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Compensation & Benefits Review
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Wage Rigidity During Recessions

Frank L. Giancola

The wave of salary cuts and freezes initiated in the recession carries implications for workforce planning, productivity and morale.

Key Words: wages • salaries • recession • pay cuts • layoffs

This version was published on September 1, 2009

Compensation & Benefits Review, Vol. 41, No. 5, 27-33 (2009)
DOI: 10.1177/0886368709342607
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