Would you take a 5% paycut?

[Rider]

Originally Posted by marko138

You know damn well that the people who don't take the pay cut are the first on the block for lay offs.

Not over 5%. Do you realize that it would cost the company a lot more than 5% of your salary to hire someone back in at a 5% lower salary. Advertising cost money, interviews cost money, training costs money. If a company is going to fire your ass over 5% they have far bigger problems than you know about and you better have your ass out job hunting anyway.