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Regarding layoffs, would anyone accept a pay cut to keep their current position? I wonder if that’s a viable solution when you have to cut costs, but also want to keep reasonably talented people.

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As mgmt you should start by cutting your own salary / bonuses ... funny how many cost cutting steps are then followed by upper mgmt getting sweet bonuses. If nothing else it opens the door / shows staff it’s not just them sacrificing. Years ago I worked at WK Portland we had a salary freeze to avoid significant layoffs. Their first step was a partner salary cut. Did wonders to emphasize this was serious, we’re in it together and we want to keep great people - because without great people the work will suffer

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Wieden gonna Wieden.

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People probably would. But they probably also start looking for a new job that'll pay what they used to make.

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likesmart
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This is a great question. Got laid off last Friday and literally had to stop myself from saying I would work for less in my meeting. The whole thing was already humiliating and I was sort of afraid I would start pleading, as I was pretty emotional. But presented with the option, I definitely would have considered it.

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likesmarthelpful
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Same. Last Friday. I embarrassed myself but I have mouths to feed

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Yes. An offer of a pay cut is better. If they don’t like it, they’ll leave anyway. If they’re OK with it, families are still fed.

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Oh, Copywriter 2. Remember this post in 10 years.

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Y’all need more self respect.

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I have friends who’ve done it. Although they all were in smaller markets where ad jobs were harder to come by. I wonder if agencies in NYC/SF would even bother asking when they know it’s only a matter of time that you find a gig that pays you appropriately.

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No. That’s just shows bad management. We had an agreement that id work for a specific wage and if you failed to make plans for that arrangement that is on you and your finance department and I refuse to pay for your negligence. It’s fucked up that management can be the only people at fault and never pay for any of it. Be a professional and do your job. God knows the poor kids staying till midnight are earning their keep way more than anyone at the top.

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Yes. I am really happy where I am. And I’d rather everyone take a slight pay cut to keep everyone employed.

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I would (because I need a job) but I’d start looking pretty quickly. I’d also want to see the agency making an effort to curb spending elsewhere...IE if I saw 10 execs going to Cannes while my salary was cut I’d be pissed.

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Defeats the purpose of leveraging layoffs to sack the dead weight. And let’s be honest, that’s what they’re for.

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Nope

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likehelpful
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Sometimes I wish I worked on the commercial side for the $, but today I got 3 emails asking for my availability for upcoming Federal roles and I’m counting my blessings 🙌🏼 so thankful that I don’t have to add layoffs onto my plate of mounting worries. Sending good vibes to my commercial counterparts

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