A good lot of respondents were in favor of this, but at the same time respondents against this were no less in number.
53 % of the respondents were sure that salary cuts and raised performance bars were better options to layoffs in the time of recession. This could be out of their own experience or because of what they would have observed in their workplace.
47 % of surveyed were either not sure or didn't support the above statement. They believed that an employee's performance and efficiency would reduce as the salary cuts are done and performance bars are raised suddenly.
Salary is one of the most important motivation factor for the employees to give their best performance without looking for any options. But then to remain safe in your job is attaining more importance in these times.
Its has been observed that those employees having huge family responsibilities in terms of providing financial support to them, these are the ones who would prefer lower salary and raised performance bars instead of loosing that job. But in case an employee has no such responsibilities, he won't prefer to have a salary cut in his job.
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