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by mjfern 3712 days ago
If you're careful about hiring and put in place the right incentives, then there doesn't have to be much dead weight. And if there's little to no dead weight, then I think it's very noble and honorable for a company to cut salaries across the board to avoid layoffs. It's certainly a lot more noble and honorable than a company that provides its CEO a salary that is 204x that of its average employee (https://www.glassdoor.com/research/ceo-pay-ratio/).