In the latest Yahoo! HotJobs weekly poll, more than a third of site visitors said they would take a 10% pay cut in order to keep their jobs. (The number is even higher if you exclude the unemployed participants.) When the alternative is a layoff, a salary sacrifice becomes understandably preferable.
“Real pay cuts for people are something companies are very cautious about doing. We’re seeing some, and it is a sign of the times,” said John Challenger, CEO of outplacement firm Challenger, Gray & Christmas. He was quoted in the article “4 Types of Pay Cuts, and What You Can Do About Them.”
For complete poll results, see the table below.
| Q | Would you be willing to take a 10% pay cut in order to keep your current job? |
| Yes |  38% |
| No | 30% |
| I don’t have a job | 32% |
| 10717 Votes to date |
