Despite the fact that 15% respondents are facing a salary cut of more than 25%, almost 43%of these are likely to continue with their current jobs and not look for new ones.
ET Wealth analyses the data.
1. 15% of employees may lose their jobs
Company’s reaction to Covid
17.9% of the respondents who are likely to lose their jobs have a work experience of 10-14 years.
2. Despite cuts, 43% to continue in same jobs
Will you change jobs after a cut?
19.6% of the respondents who got a 16-25% salary cut have a work experience of 10-14 years.