Employees more willing to lose benefits, take furloughs

Companies that need to cut in some areas will now find less resistance from employees than they would have a few months ago.
Right now, 40% of employees say they’re willing to take a pay cut, according to a recent survey by the Society for Human Resources Management. That’s compared to 30% last quarter.
The likely reason: Fears of job loss have made workers more interested in alternative ways for their employers to save money.
They’re also more open to other cost-cutting strategies: The survey found 34% would be willing to take unpaid leave, compared to 24%.