I'm not sure that reducing from 40 to 32 hours would have a big impact on salaried workers unless it became standard to take an additional day off during the weekend like Friday.
It would actually be a 10% minimum pay increase for hourly workers that work at least 40 hours per week. If they already work overtime then double time could kick in.
Freezing salaries for all employees doesn't seem like a sustainable way to save money in the long run and the second order effects would probably destroy shareholder value not create it
It would actually be a 10% minimum pay increase for hourly workers that work at least 40 hours per week. If they already work overtime then double time could kick in.